WINNIPEG, Manitoba--The ICE Futures canola market was lower on Friday, despite some positive sentiment in comparable oils.

European rapeseed was mostly higher, Malaysian palm oil was mixed and Chicago soyoil and crude oil saw minimal gains. Today was the last day for May trading options.

The Canadian dollar was up more than one-tenth of a U.S. cent compared to Thursday's close.

The Canadian Grain Commission (CGC) reported 180,600 tonnes of canola were exported during the week ended April 21, up from 128,300 the week before. So far this marketing year, exports totaled 4.545 million tons compared to 6.582 million last year.

There were 29,857 canola contracts traded on Friday, which compares with Thursday when 52,182 contracts changed hands. Spreading accounted for 13,746 of the contracts traded. Settlement prices are in Canadian dollars per metric ton. 


 
Canola 
 
Price 
 
Change 
May 
 
617.70 
 
dn 5.10 
Jul 
 
634.40 
 
dn 2.50 
Nov 
 
651.50 
 
dn 2.20 
Jan 
 
659.50 
 
dn 2.40

Spread trade prices are in Canadian dollars and the volume represents the number of spreads: 


 
Contracts 
 
 
Prices 
 
 
 
 
 
 
Volume 
 
 
May/Jul 
 
 
12.90 under to 17.90 under 
 
 
 
1,955 
May/Nov 
 
 
29.60 under to 33.80 under 
 
 
 
14 
May/Jan 
 
 
37.20 under to 42.50 under 
 
 
 
47 
Jul/Nov 
 
 
15.50 under to 17.30 under 
 
 
 
4,278 
Jul/Jan 
 
 
23.90 under to 25.00 under 
 
 
 
9 
Nov/Jan 
 
 
7.30 under to 8.10 under 
 
 
 
520 
Jan/Mar 
 
 
2.50 under to 3.50 under 
 
 
 
46 
Mar/May 
 
 
1.40 over to 1.10 over 
 
 
 
2 
May/Jul 
 
 
6.00 over to 4.50 over 
 
 
 
2

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


(END) Dow Jones Newswires

04-26-24 1535ET