ICE Close: Smalls Gains for Canola with Other Vegoils 


Canola futures managed small gains on Monday, with strength in other vegoils. 

Chicago soybean oil, European rapeseed and palm oil were all higher on the day offering some support to canola. 

Weather forecasts indicate central and southwestern portions of the Prairies will be dry and warmer than usual during much of the next 10 days, which should allow harvesting in those areas to wrap up for the season. 

November canola was up $2.50 at $607.50, and January added $2.30 to $620.40. 




Source: DePutter Publishing Ltd.

Information contained herein is believed to be accurate but is not guaranteed by the parties providing it. Syngenta, DePutter Publishing Ltd. and their information sources assume no responsibility or liability for any action taken as a result of any information or advice contained in these reports, and any action taken is solely at the liability and responsibility of the user.