ICE Canola Futures Down in Light Trading

WINNIPEG, Manitoba--The ICE Futures canola market was lower during lighter than usual trading on Thursday morning.

European rapeseed and Malaysian palm oil were both in the red. Meanwhile, crude oil lost more than $1 per barrel due to an OPEC+ meeting delayed until next week. Chicago soyoil wasn't traded Thursday as United States markets were closed due to Thanksgiving.

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

Nearly 3,000 contracts were traded.

Prices in Canadian dollars per metric ton as of 8:37 CST:

                Price   Change 
Canola    Jan   702.30  dn 7.40 
          Mar   706.50  dn 7.80 
          May   710.00  dn 7.80 
          Jul   714.10  dn 6.30 
 

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

(END) Dow Jones Newswires

11-23-23 1024ET