Canola futures ended weaker on Wednesday, as better-than-expected rainfall in Argentina and US-China trade tensions dragged the Chicago soy complex lower.
Overnight rainfall in Argentina reportedly outperformed forecasts, providing the soybean crop with much-needed moisture. Meanwhile, US tariffs on Chinese imports, and retaliatory Chinese tariffs on US products, are raising trade war worries.
March canola fell $6.80 to $640.40, and November was down $6.10 at $636.90.
