ICE Canola Slightly Higher in Early Trading

WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange showed modest gains Tuesday morning despite little change to the Canadian dollar and crude oil prices.

An oil tanker was struck by a drone off the coast of Dubai earlier in the day, which supported crude oil prices. However, gains were under US$1 per barrel. Chicago soyoil was steady, while European rapeseed and Malaysian palm oil were higher.

The Canadian dollar was down less than one-tenth of a U.S. cent compared with Monday's close.

Nearly 21,200 contracts were traded.

Prices in Canadian dollars per metric ton as of 8:41 a.m. CDT:

 
           Price      Change 
May       731.00     up 3.30 
Jul       744.40     up 3.90 
Nov       736.90     up 3.10 
Jan       742.70     up 2.60 
 

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

(END) Dow Jones Newswires

03-31-26 1027ET