Canola futures ended a bit higher on Monday, the market’s sixth straight day of gains.
Tightening supply-demand fundamentals remained a supportive influence for the market, with gains in European rapeseed offering support as well. Chicago soybean futures were mixed on the day, but soybean oil and meal were both lower.
May canola was up 90 cents to $661.60, while November added $5.50 to $648.30.
