ICE Morning Commentary : ICE Canola Adding Onto Prices

WINNIPEG, Manitoba--Canola futures maintained their positive momentum on the Intercontinental Exchange Thursday morning.

Chicago soyoil and European rapeseed made gains, while Malaysian palm oil was down. Crude oil advanced despite speculation the U.S. and Iran will resume negotiations to end the war in Iran sometime this week.

The Canadian dollar was up one-tenth of a U.S. cent compared with Wednesday's close.

Nearly 30,600 contracts were traded. Prices in Canadian dollars per metric ton as of 9:38 a.m. ET:

Canola 
           Price      Change 
May       711.20     up 5.30 
Jul       724.90     up 6.30 
Nov       724.30     up 5.40 
Jan       731.30     up 4.70 
 

Source: Commodity News Service Canada, [e-mail]

(END) Dow Jones Newswires

04-16-26 1007ET