Glacier FarmMedia – Canola futures at the Intercontinental Exchange eased off on Friday morning as comparable oils declined.
Chicago soyoil, European rapeseed and Malaysian palm oil were down. After hitting six-month highs on Thursday due to tensions between the United States and Iran, crude oil prices slightly dipped.
The Canadian dollar was steady compared to Thursday’s close.
Nearly 14,400 contracts were traded. Prices in Canadian dollars per metric ton as of 8:33 CST:
Mar 668.90 dn 3.70
May 680.60 dn 4.00
Jul 691.70 dn 3.90
Nov 684.80 dn 4.00
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