ICE Canada canola falls, halts three-day winning streak

Published 2016-03-30, 02:53 p/m
ICE Canada canola falls, halts three-day winning streak

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, March 30 (Reuters) - ICE Canada canola
futures dropped on Wednesday on profit-taking after climbing for
much of March, halting a three-day winning streak.
* Most-active canola has gained about 9 percent since March
2, reversing earlier losses that were triggered by concerns
about Chinese demand.
* China has delayed implementing a tougher standard on
Canadian canola shipments, just days before it was to take
effect.
* May canola RSv1 lost $3.50 at $474.60 per tonne.
* July canola RSN6 gave up $3.40 to $479.70 per tonne.
* May-July canola spread traded 2,709 times.
* Chicago May soybeans SK6 slipped on profit-taking.

* Malaysian May palm oil 1FCPOK6 and NYSE Liffe May
rapeseed COMK6 dipped.
* The Canadian dollar CAD= was trading at $1.2973 to the
greenback, or 77.08 U.S. cents at 1:02 p.m. CDT (1802 GMT),
higher than Tuesday's close of $1.3065, or 76.54 U.S. cents.

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