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.