Canola futures ended higher on Thursday with strength in the Chicago soy complex helping to lift the market. However, gains in canola are starting to slow.
The soy complex was supported by a hotter, drier forecast for Argentina through the weekend and into early next week. Gains in European rapeseed and palm oil added to the upside. Crude oil was also higher on the day.
March canola was up $5.60 at $667.90, and November added $9.20 to $664.90.
