ICE Close: Nearby Canola Up; New-Crop Down 


The gap between nearby and new-crop canola contracts widened further on Wednesday, as the July future gained and November eased. 

Strength in the July contract was once again linked to the tightening old-crop Canadian supply, even as European rapeseed, palm oil, and the Chicago soy complex all finished with losses on the day. 

July canola was up $5.40 to $692.40, and November slipped 30 cents to $650.10. 




Source: DePutter Publishing Ltd.

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