ICE Canada canola falls ahead of U.S. crop report

Published 2016-01-11, 02:37 p/m
ICE Canada canola falls ahead of U.S. crop report

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Jan 11 (Reuters) - ICE Canada canola
futures dipped on Monday, dragged lower by weaker soy prices in
thin, cautious trade ahead of a key U.S. crop report.
* U.S. Department of Agriculture expected to report larger
year over year Dec. 1, 2015, soybean stocks.
* Weaker Canadian dollar limited canola's losses.
* Most-active March canola RSH6 gave up $2.90 at $478.40
per tonne.
* ICE reported no January canola RSF6 deliveries. Contract
expires on Thursday.
* March-May canola spread traded 635 times.
* Chicago March soybeans SH6 lost ground on technical
selling.
* Malaysian March crude palm oil 1FCPOH6 and NYSE Liffe
Paris February rapeseed COMG6 fell.
* The Canadian dollar CAD= was trading at $1.4236, or
70.24 U.S. cents at 12:53 p.m. CST (1853 GMT), lower than the
Bank of Canada's official close of $1.4149, or 70.68 U.S. cents.

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