Howard Leaman Nov 20/18
Canola traded on both sides of unchanged on Tuesday, ending higher.
The strength was attributed to technical buying in response to talk that
the market was oversold, weakness in the Canadian dollar, and spillover
buying from soybeans and meal. The Canadian dollar lost about eight-tenths
of a cent against the U.S. dollar on Tuesday.
The buying in canola was curbed by weakness in palm oil, European
rapeseed, and soy oil, and increased farmer selling.
Jan Canola 483.60 472.30
Mch Canola 491.20 480.20
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