WINNIPEG, Manitoba-- The ICE Futures canola market took another step back on Thursday to go along with mixed activity in comparable oils.

Malaysian palm oil was down with European rapeseed mostly lower, while Chicago soyoil was higher. There were increases in crude oil as a draw in domestic inventories offset a slowdown in the U.S. economy.

At mid-afternoon, the Canadian dollar was up one-quarter of a U.S. cent compared to Wednesday's close.

There were 52,182 canola contracts traded on Thursday, which compares with Wednesday when 46,880 contracts changed hands. Spreading accounted for 30,332 of the contracts traded. 


Settlement prices are in Canadian dollars per metric tonne. 
Contract Price   Change 
May      622.80  dn 3.90 
Jul      636.90  dn 2.50 
Nov      653.70  dn 1.50 
Jan      661.90  dn 1.20 
Spread trade prices are in Canadian dollars and the volume represents the number of spreads: 
May/Jul   9.00 under to 14.50 under  2,655 
May/Nov  26.90 under to 30.30 under     32 
May/Jan  35.60 under to 39.30 under     90 
Jul/Nov  14.00 under to 17.00 under 10,458 
Jul/Jan  22.80 under to 25.30 under     49 
Nov/Jan   7.30 under to 8.50 under   1,719 
Nov/Mar  11.60 under to 11.80 under      2 
Jan/Mar   3.00 under to 3.80 under       9 
Mar/May   1.30 over                      2

Source: Commodity News Service Canada, news@marketsfarm.com


(END) Dow Jones Newswires

04-25-24 1535ET