ICE Close: Modest Advances for Canola as Loonie Declines


Canola futures closed with modest gains on Monday amid weakness in the Canadian dollar. 

Declines in Chicago soybeans and soybean oil undermined canola, with European rapeseed and palm oil providing no clear direction. Crude oil was a bit higher on the day. 

January canola was up $3.10 at $644.20, and March was $3.30 higher at $657. 



Source: DePutter Publishing Ltd.

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