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ICE Canada canola eases, notches weekly gain

Published 2016-01-15, 02:40 p/m
ICE Canada canola eases, notches weekly gain
RSc1
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(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Jan 15 (Reuters) - ICE Canada canola
futures eased on Friday, pressured by weaker soy prices, but
registered a weekly gain.
* Canola was underpinned by continued weakness in the
Canadian dollar, a trader said.
* Most-active March canola RSH6 shed 80 cents at $484.70
per tonne. Gained 0.7 percent for the week.
* May canola RSK6 lost 80 cents at $491.90 per tonne.
* March-May canola spread traded 2,988 times.
* Chicago March soybeans SH6 dipped with soymeal and on
profit-taking.
* Malaysian March crude palm oil 1FCPOH6 rose and NYSE
Liffe Paris February rapeseed COMG6 fell.
* The Canadian dollar CAD= was trading at $1.4535, or
68.80 U.S. cents at 12:52 p.m. CST (1852 GMT), lower than the
Bank of Canada's official close Thursday of $1.4362, or 69.63
U.S. cents.
* Canada weekly canola crushings rose 4.3 percent OILS/CA

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