ICE Canola Remains in the Red

WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange resumed its downturn in early Monday trading, with the March contract C$30 per tonne below its 20- and 50-day averages.

Chicago soyoil, European rapeseed and Malaysian palm oil were lower to start the day. Crude oil was also down slightly as oversupply fears outweighed tensions between the United States and Venezuela.

The Canadian dollar was steady compared to Friday's close.

Nearly 16,200 contracts were traded. Prices in Canadian dollars per metric ton as of 8:39 CST:

 
           Price      Change 
Jan       604.60     dn 1.90 
Mar       617.20     dn 1.90 
May       628.50     dn 2.50 
Jul       636.20     dn 2.70 
 

Source: Commodity News Service Canada, [e-mail]

(END) Dow Jones Newswires

12-15-25 1007ET