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ICE Canada canola futures rise slightly, boosted by soyoil

Published 2018-03-21, 02:36 p/m
ICE Canada canola futures rise slightly, boosted by soyoil
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WINNIPEG, Manitoba, March 21 (Reuters) - ICE Canada canola futures rose slightly on Wednesday, lifted by a spike in soyoil prices.

* Canola lagged soyoil's gains due to pressure from a rising Canadian dollar.

* "We're stuck in neutral," an analyst said.

* May canola RSK8 added $1.20 to $521 per tonne, in light volumes.

* The May-July canola spread traded 2,876 times.

* Chicago May soybeans SK8 rose on technical buying in a seesaw trading session. NYSE MATIF May rapeseed COMK8 and Malaysian May crude palm oil 1FCPOK8 rose.

* The Canadian dollar CAD= was trading at $1.2955 to the U.S. dollar, or 77.19 U.S. cents at 12:41 p.m. CDT (1741 GMT).

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