Markets
ICE canola futures edge higher on soy, rapeseed strength
WINNIPEG: ICE canola futures edged higher, boosted by strength in soybean and rapeseed prices.
- Trade was lackluster
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* Trade was lackluster, with little interest in buying or selling, a trader said.
* Most-active January canola gained 60 cents to $482.40.
* January-March canola spread traded 1607 times, finishing at a $7.60 March premium.
* Chicago January soybeans gained on firming US cash values and optimism for US-China trade talks.
* February Paris Matif rapeseed futures rose and Malaysian December palm oil futures fell.
* The Canadian dollar
was trading at $1.3215 to the US dollar, or 75.67 US cents at 1:29 p.m. CST (1929 GMT).