ICE Close: Modest Losses for Canola 


Canola ended with modest losses on Thursday, with a stronger Canadian helping to pressure. 

A mostly lower close in palm oil and rapeseed added to the downside in canola, while weak exports and a potential for railway strike next month were overhanging bearish factors. Chicago soybeans were mixed today, while soymeal was higher and soybean oil lower.  

May canola fell $3.90 to $622.80, July lost $2.50 to $636.90, and November dropped $1.50 to $653.70. 




Source: DePutter Publishing Ltd.

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