ICE Canadian canola futures fell on Monday for the fifth time in six sessions, pressured by weekend rains that eased dryness concerns in parts of the Canadian Prairies and weakness in soybeans. November canola lost $4.50 to $516.90 per tonne. November-January spread traded 901 times. Chicago August soybeans dropped on fund selling and improving US weather.
Malaysian October palm oil and NYSE Liffe Paris August rapeseed dipped. The Canadian dollar was trading at $1.2986, or 77.01 US cents, at 1:17 pm CT (1817 GMT), little changed from the Bank of Canada's official close of $1.2987, or 77.00 US cents, on Friday.

Copyright Reuters, 2015

Comments

Comments are closed.