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ICE canola mixed with positive sentiment

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Published: April 21, 2023

WINNIPEG – The ICE Futures canola market was mostly higher to start the day.

Chicago soyoil and European rapeseed were lower, but there were gains in Malaysian palm oil. Crude oil is in positive territory after two days of losses, but it is still on track for its first negative week since last month’s banking crisis.

The Canadian dollar was up more than one-tenth of a U.S. cent compared to Thursday’s close.

Prices in Canadian dollars per metric ton as of 8:48 CDT:

May   759.50  up  1.70

Jul.  730.80  up  2.90

Nov.  701.80  up  0.90

Jan.  705.30  dn  0.50

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