ICE Canada canola rises, halts three-day skid

Published 2016-02-02, 03:15 p/m
ICE Canada canola rises, halts three-day skid

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Feb 2 (Reuters) - ICE Canada canola
futures rose on Tuesday, halting a three-day skid, lifted by
spillover support from soy futures.
* A lower Canadian dollar was also supportive.
* Traders, on average, expect Statistics Canada on Thursday
to estimate smaller canola stockpiles as of Dec. 31, 2015.

* March canola RSH6 climbed $2.70 at $473.80 per tonne.
* May canola RSK6 rose $2.60 at $483.30 per tonne.
* The March-May canola spread traded 5,878 times.
* Chicago March soybeans SH6 gained on technical buying
and short-covering.
* Malaysian April palm oil 1FCPOJ6 and NYSE Liffe Paris
May rapeseed COMK6 also rose.
* The Canadian dollar CAD= traded at $1.4015 to the
greenback, or 71.35 U.S. cents, at 12:56 p.m. CST (1856 GMT),
lower than Monday's official close of $1.3930, or 71.79 U.S.
cents.

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