ICE Canadian canola futures were mixed on Thursday, with no clear direction from fundamentals or outside markets. Canola underpinned by crop concerns in Western Canada and US Midwest, but facing resistance to go higher with prices already relatively high-trader. November canola futures gained 20 cents to $560.00 per tonne at 8:44 am CDT (1344 GMT) on volume of 1,413 contracts.
January eased 20 cents to $568.00 on volume of 980. Traders see canola steady at Chicago Board of Trade open. CBOT soybeans called to open down 2 to 3 US cents per bushel on forecasts for cooler temperatures and increased rains in the US Midwest next week.
MATIF November rapeseed gained 0.6 percent at 8:37 am CDT (1337 GMT). Canadian dollar was trading early at $0.9483 to the US dollar, or US $1.0545, up slightly from Wednesday's North American session close at $0.9489 to the US dollar, or US $1.0539. NYMEX crude oil gained 0.2 percent at US $97.56 per barrel.
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