Your Reading List

ICE Canola Midday: Prices stronger at midday

By Marlo Glass, MarketsFarm

WINNIPEG, June 3 – ICE Futures canola contracts were higher at midday Wednesday, continuing gains from earlier in the week.

One Winnipeg-based trader said traders were buying canola and selling soyoil, which accounted for some of canola’s considerable strength while soyoil flagged slightly. Nearby soyoil contracts were down by a tenth of a cent at midday.

The Canadian dollar was stronger at midday, which kept a lid on further gains for canola values.

Approximately 7,000 canola contracts were traded as of 10:45 CDT.

Prices in Canadian dollars per metric tonne at 10:45 CDT:

                          Price      Change
Canola            Jul     463.30    up  3.40
                  Nov     470.20    up  3.10
                  Jan     476.20    up  2.90
                  May     483.30    up  4.20

About the author

Glacier FarmMedia Feed

GFM Network News

Glacier FarmMedia, a division of Glacier Media, is Canada's largest publisher of agricultural news in print and online.

Futures Prices as of June 3, 2020

Canola
Price Change
Milling Wheat
1970-01-01 00:00
Price Change
Durum
1970-01-01 00:00
Price Change
New Barley
1970-01-01 00:00
Price Change

Prices are in Canadian dollars per metric ton

Comments

explore

Stories from our other publications