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Markets Print edition: 2020-12-16

Canadian canola futures rise

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WINNIPEG: ICE Canadian canola futures rose on Monday for a second straight session, lifted by strength in soyabeans and soyaoil.

Selling by Canadian farmers has slowed, adding support to prices, a trader said.

January canola added $2.70 to $596.30 per tonne.

The January-March canola spread traded 6,277 times. Investors have begun rolling January positions forward.

US soyabean futures were firm, supported by a rising forecast for imports by top global producer Brazil.

Euronext February rapeseed futures dipped and Malaysian February palm oil futures rose.