Canadian canola futures ease

27 Nov, 2018

ICE Canadian canola futures eased on Friday for the second straight session, pressured by weaker soy prices and strength in the Canadian dollar. Commercial hedges were lighter until a late flurry, while a lack of export demand is a concern, a trader said. January canola lost 30 cents to $476.10. March canola gave up 20 cents to $484.60.
Chicago January soybeans stumbled on concerns about the US-China trade war. February Paris Matif rapeseed futures and Malaysian February palm oil futures eased. The Canadian dollar was trading at $1.3219 to the US dollar, or 75.65 US cents at 1:06 p.m. CST (1906 GMT).

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