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Markets

ICE canola futures ease on soyoil weakness

WINNIPEG: ICE canola futures eased on Monday, pressured by weakness in US soyoil prices.
  • Most-active March canola l
Published Updated

* Most-active March canola lost 30 cents to $485.10 per tonne.

* ICE reported no deliveries of January canola on Monday, ahead of the contract expiring on Jan. 14.

* March-May canola spread traded 2,745 times.

* Chicago March soybeans rose on dry conditions in Brazil.

* February Paris Matif rapeseed futures settled unchanged and Malaysian March palm oil futures slipped.

* The Canadian dollar was trading at $1.3295 to the US dollar, or 75.22 US cents at 1:27 p.m. CST (1927 GMT).

Copyright Reuters, 2019