Canola futures posted modest gains on Thursday, as the market continued to drift mostly sideways with Chicago soybean oil.
The canola market is still waiting on the outcome of major issues like possible US tariffs, China’s anti-dumping investigation, and US biofuel rules. The Lunar New Year holiday is also keeping business in China quiet.
March canola was up $3.60 at $640.20, and November gained $1.30 to $640.90.
