ICE Close: Canola Closes in Red 


Canola futures ended lower on Friday. 

Chicago soybeans were slightly lower on the day, while soybean oil and crude oil managed gains. 

Strong demand and a weak Canadian dollar are helping to prop up canola, but the short-term outlook still hinges on soybeans and soyoil. 

January dropped $4.50 to $645.90, and March fell 3 cents to $656.50. 




Source: DePutter Publishing Ltd.

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