Canola futures ended with solid gains on Thursday, with spillover support from strength in the Chicago soy complex.
Easing harvest pressure added to the upside as well, with today’s Saskatchewan crop report showing the harvest in that province basically now complete for the year.
The Canadian crush and exports are running hot, offering support to canola, although the market’s biggest hurdle remains the general weakness in soybean futures.
November canola gained $13.70 to $613.30, and January was up $11.80 to $622.40.