WINNIPEG, (Manitoba) ICE canola futures dipped on Tuesday, shedding early gains in a volatile session and halting a three-day winning streak. Traders are "perplexed" by canola, as high prices dampen buying interest but drought reduces Canadian yields, analyst Wayne Palmer said. November canola lost $2 to $894.40 per tonne. The front contract traded in a wide $25 range. January-March canola spread traded 1,098 times.
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