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ICE canola futures rise on concerns about US planting delays

WINNIPEG: ICE canola futures edged higher on Monday on follow-through buying from last week that was linked to conce
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By Parvez JabriReuters

WINNIPEG: ICE canola futures edged higher on Monday on follow-through buying from last week that was linked to concerns about delayed US planting.

* Trading was thin with US markets closed for the Memorial Day holiday.

* July canola added $1.40 to $445.80 per tonne.

* July-November canola spread traded 1,145 times.

* Paris Matif August rapeseed futures eased and Malaysian August palm oil futures rose.

* The Canadian dollar was little changed against its US counterpart on Monday, trading in a narrow range ahead of a Bank of Canada interest rate decision later in the week.

Copyright Reuters, 2019

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