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Article: ICE Canada Grain/Oilseed Review: Canola Lifted By US Soy Rally.
- Article from:
- Resource News International
- Article date:
- October 29, 2009
CopyrightCOPYRIGHT 2009 Resource News International. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Don Bousquet, Resource News International
Winnipeg, Oct 29, 2009 (Resource News International via COMTEX) -- RNI ICE Futures Canada (ICE) grain and oilseed futures ended Thursday's session mainly steady to higher with canola lifted by the strong upward surge in the Chicago Board of Trade soy complex futures, brokers said.
Canola volumes were moderate with intermonth spreading augmenting the activity.
The total canola volume was estimated at 10,408 contracts, down from 19,509 contracts on Wednesday.
Canola was higher in the overnight market, supported by the firm tone in international vegetable oil prices. Canola held onto gains ...