ICE Close: Canola Volatility Continues 


Canola moved higher on Thursday with strength in Chicago soybean oil and European rapeseed offering support. 

Advances in crude oil lent further support to canola, which rebounded from losses the previous day. 

Although a strong export demand and a brisk domestic crush pace remain positive underlying forces for canola, further volatility is expected in all ag markets next week amid the too close to call US presidential election.  

January canola gained $10.20 to $650.40, and March was up $11.40 at $659.50. 




Source: DePutter Publishing Ltd.

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