The same strength in overseas vegetable oils that pushed the Chicago soy complex higher on Monday also spilled over to lift canola.
After recovering to their highest since late December, canola futures have become volatile. Where the market goes from here will likely largely depend on soybeans and what the USDA acreage and grain stocks reports have to say on Thursday.
May canola gained $15.20 to $649.70, July added $15.30 to $659.40, and November was up $13.80 to $666.
