ICE canola up

26 Sep, 2021

WINNIPEG, (Manitoba): ICE canola futures rose on Friday, boosted by stronger soyaoil prices and a weak Canadian dollar.

With the Canadian harvest ahead of schedule, commercial hedges to offset purchases of new crop from farmers look to slow down, a broker said. November canola gained $11 to $887.90 per tonne.

Huawei Chief Financial Officer Meng Wanzhou has reached an agreement with US prosecutors to end the bank fraud case against her, in a process that should allow her to leave Canada and return to China.

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