Howard Leaman Nov 18/19
Canola traded on both sides of unchanged again on Monday, ending
higher. The market was supported by spillover buying from soy oil, and to
a lesser extent from European rapeseed. A slowdown in farmer selling of
canola added to the support in canola as the market continued to trade in
its consolidation pattern.
The buying in canola was curbed by weakness in soybeans and meal, and
a firmer tone in the Canadian dollar. The dollar gained about a tenth of a
cent against the U.S. dollar.
Jan Canola 466.10 454.50
Mch Canola 475.10 463.60
No other Daily email offers as much useful Ag information as DTN Snapshot – Sign up