ICE Morning Commentary : ICE Canola Gaining Slightly

WINNIPEG, Manitoba--The ICE Futures canola market showed small gains Friday morning amidst mixed sentiment in comparable oils.

European rapeseed and Malaysian palm oil were higher to start the day. However, Chicago soyoil was down and crude oil took another sharp drop for the second time in three days.

The Canadian dollar was steady compared with Thursday's close.

Roughly 16,000 contracts were traded. Prices in Canadian dollars per metric ton as of 9:41 a.m. ET:

Canola 
     Price  Change 
Nov. 611.00 up 2.20 
Jan. 620.00 up 3.20 
Mar. 627.30 up 3.10 
May 631.80 up 3.70 

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

(END) Dow Jones Newswires

08-02-24 1010ET