CHICAGO: ICE Canadian canola futures rebounded from two days of declines on some end-of-week bargain buying after hitting their lowest level since August 12. November canola rose $3.30 to $486.30 per tonne. November-January canola spread traded 7,248 times.
Chicago Board of Trade soyabean futures fell on Friday, as brewing tropical storms in the US Gulf offer the hope of rain into the Midwest in the coming week, outweighing news of fresh exports to China, traders said. US soyabean oil futures rose on Friday.
The Canadian dollar weakened against its US counterpart on Friday as oil prices fell and domestic data showed a jump in retail sales that was about in line with expectations. Euronext November rapeseed futures were slightly higher and Malaysian October palm oil futures dropped.
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