Canola moved modestly higher on Thursday, strengthening for the second straight day.
Advances in Chicago soybeans and soybean oil provided some spillover support for canola, as did strength in European rapeseed and losses in the Canadian dollar. On the other hand, crude oil was lower along with palm oil.
March canola gained $7.30 to $637.40, and November was $2.90 higher at $639.10.
