Markets

ICE canola falls for 4th straight day

Published Updated

* Total volume of less than 7,900 contracts was lowest since Aug. 18 as some local speculators looking for new clearing firms after bankruptcy of MF Global.

* Most-active January canola futures slipped $1.20 to $524.50 on volume of 4,775 contracts.

* March lost $1.30 to end at $531.80 on volume of 354 contracts.

* No November deliveries on Wednesday.

* July-November spread traded 932 times, settling at a July premium of $30.50.

* Chicago January soybeans gained 1/4 US cent to US$12.02-3/4 per bushel. December soyoil rose 0.05 cent to 50.85 US cents per lb.

* MATIF February rapeseed added 0.5 percent.

* The Canadian dollar was trading at $1.0132 or 98.70 US cents at 2:42 p.m. CDT (1942 GMT), up from Tuesday's North American session close at $1.0188 versus the US dollar or 98.15 US cents.

* US crude oil rose 0.4 percent to US$92.51 per barrel.

Copyright Reuters, 2011