WINNIPEG: ICE Canada canola futures extended their losing streak to four days on Thursday, but ended well off their daily lows, following soybeans and crude oil.
* Light farmer selling kept hedge pressure light. Fund selling noted earlier.
* Nearby November contract dipped as low as $518.50, the lowest price since Oct. 11.
* November canola futures fell $1.10 to $524.50 per tonne on volume of 9,530 contracts.
* January canola lost $1.40 at $534 on volume of 8,697 contracts.
* November-January spread traded 6,496 times, settling at a January premium of $9.50.
* Chicago November soybeans settled unchanged at US$12.25 per bushel, pressured earlier by disappointing weekly US export sales and unwinding of corn-soy spreads. December
soyoil eased 0.09 cent to 51.39 US cents per lb.
* MATIF November rapeseed eased 0.9 percent.
* The Canadian dollar was trading at $1.0169 or 98.34 US cents at 1:17 p.m. CDT (1817 GMT), up from Wednesday's North American session close at $1.0202 to the US dollar, or 98.02 US cents.
* US crude oil settled down 0.9 percent at US$85.30 per barrel.
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