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Article: ICE Canada Grain/Oilseed Review: Canola Falls On Harvesting, Weak US Soy.
- Article from:
- Resource News International
- Article date:
- November 6, 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, Nov 06, 2009 (Resource News International via COMTEX) -- RNI ICE Futures Canada (ICE) grain and oilseed futures ended Friday's session mainly lower with canola pressured down by the advancing harvest and the weakness in the Chicago Board of Trade soy complex, brokers said.
Canola saw a moderate trade with only light intermonth spreading noted.
The total canola volume was estimated at 8,660 contracts, up from Thursday's 8,214 contracts, including an estimated 1,558 contracts involved in the spread trade.
Canola was a bit higher in the overnight market as international ...