ICE Close: Early Strength in Canola Fades 


Canola futures retreated from earlier advances but still managed to close with modest gains on Thursday. 

Volatile crude oil prices tied to uncertainty over Middle East peace negotiations contributed to the choppy trade, while weakness in the Chicago soy complex, European rapeseed, and Malaysian palm oil limited gains. Weakness in the Canadian dollar underpinned the market. 

July gained $1 to $750.80, and November added 90 cents to $759.80.



Source: DePutter Publishing Ltd.

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