Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 

ICE Canada Morning Comment : Canola Prices Mixed

09/21/2021 | 10:05am EDT

WINNIPEG, Manitoba--Intercontinental Exchange (ICE) canola futures were narrowly mixed on Tuesday morning, as small gains in the Chicago soy complex provided little direction.

There are more significant increases in European rapeseed, but Malaysian palm oil slipped back a little.

Following overnight frosts in parts of the Prairies, daytime temperatures are forecast to improve into the low 20 degrees Celsius. Northern Alberta is expected to get rain today while the bulk of the Prairies are to remain dry.

Manitoba is scheduled to release its weekly crop report late this afternoon. Harvest progress will provide some pressure on values.

The markets in China remain closed for a second day to mark the Mid-Autumn Festival, which should result in another day of lower trading volumes.

The Canadian dollar was higher this morning with the loonie at 78.17 U.S. cents, compared to Monday's close of 77.95.

About 1,950 canola contracts had traded as of 9:36 EDT.

Prices in Canadian dollars per metric tonne at 9:36 EDT:

 
             Price      Change 

Canola

   Nov       861.10    unchanged 
   Jan       854.10    up 0.30 
   Mar       842.36    dn 0.30 
   May       825.80    dn 1.00 
 

Source: Commodity News Service Canada

Write to Glen Hallick at news@marketsfarm.com

(END) Dow Jones Newswires

09-21-21 1004ET

Latest news "Commodities"
01:00pLower rates mean climate costs higher than thought, SF Fed paper says
RE
12:48pItaly to set aside 2 bln euros to curb energy bills in 2022 budget
RE
12:41pU.S. Democrats scramble to hammer out climate legislation ahead of Glasgow talks
RE
12:16pPUBLIC JOINT STOCK GAZPROM : From abandoned fields to salt caves, Gazprom's gas storage is almost full
RE
12:16pPUBLIC JOINT STOCK GAZPROM : From abandoned fields to salt caves, Gazprom's gas storage is almost full
RE
11:51aSpot silver rises 3%
RE
11:28aStocks climb with upbeat earnings; U.S. oil rises after EIA data
RE
11:18aOil rises modestly as U.S. crude stockpiles dwindle
RE
11:02aIvory Coast government sees economic growth at 7.1% in 2022
RE
10:29aChina securities regulator calls for tighter controls on coal trade
RE
Latest news "Commodities"