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ICE Canada canola falls on soybean weakness, slack demand

Published 2015-09-22, 02:28 p/m
ICE Canada canola falls on soybean weakness, slack demand

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Sept 22 (Reuters) - ICE Canada canola
prices fell on Tuesday, pressured by weakness in soybeans and
slack demand.
* Modest commercial hedges and talk of higher than expected
yields in Western Canada also weighed on canola, a trader said.
* November canola RSX5 lost $3.40 to $464.60 per tonne.
* January canola RSF6 shed $3.80 to $469.60 per tonne.
* November-January spread traded 1,810 times.
* Chicago November soybeans SX5 dropped on profit-taking
and harvest pressure. ID:nC3N0XP027
* Malaysian November palm oil 1FCPOX5 rose and NYSE Liffe
Paris November rapeseed COMX5 slipped.
* The Canadian dollar CAD= was trading at $1.3272, or
75.35 U.S. cents at 1:11 p.m. CDT (1811 GMT), lower than the
Bank of Canada's official close of $1.3245, or 75.50 U.S. cents.


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