Just in:  

You are here: Home»Markets»Commodities»Americas»ICE canola narrowly lower on drop in soy

ICE canola narrowly lower on drop in soy

 WINNIPEG: ICE Canada canola futures eased on Wednesday, pressured by a drop in Chicago Board of Trade soybean futures, but losses were limited by crusher buying and slow farmer sales in the Canadian prairies, traders said.

* Volume remained light, with fewer than 13,000 contracts traded, Reuters data showed.

* Benchmark May canola edged 30 cents lower, settling at $577.60 per tonne, but not before notching a five-month high on volume of 7,301 contracts.

* July canola also fell 30 cents to finish at $578.60 on volume of 2,063.

* Traders exchanged the July-November spread more than 1,500 times, traders said, one day after July's premium over November climbed to more than 38 cents, the widest since June.

* No deliveries were posted against March canola, which expires on March 14.

* Farmers remained tight holders of their supplies, which helped to support canola futures even as CBOT soybeans eased 0.60 percent in sympathy with plunging corn futures.

* The Canadian dollar was trading at $0.9976 against the US dollar, or US$1.0024, at 2:35 p.m. CST (2035 GMT).

* US light crude oil rose 1.6 percent to $106.36 per barrel.

Copyright Reuters, 2012


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,337.64 0.96
Arrow DAX 11,169.54 2.15
Arrow CAC-40 4,892.99 1.51
Arrow Nikkei 19,847.58 0.39
Arrow H.Seng 22,498.00 0.40
Arrow Sensex 25,775.74 0.17

Wholesale Camping Equipment from China at 

New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk

Ad Asia 2015

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln