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ICE Canada canola rises in thin trading; up for week

Published 2015-12-24, 01:23 p/m
ICE Canada canola rises in thin trading; up for week

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Dec 24 (Reuters) - ICE Canada canola
rose on Thursday in thin, volatile pre-holiday trading, and the
nearby contract also posted a gain for the four-day week.
* Strength in Chicago soyoil prices, and speculator buying
were seen supporting canola.
* Improving crush margins during the past month has also
stimulated crusher buying, a trader said.
* January canola RSF6 gained $1.50 at $480.30 per tonne.
Notched 1.2 percent weekly gain.
* Most-active March canola RSH6 added $1.10 at $488.80 per
tonne.
* January-March spread traded 1,430 times.
* Chicago January soybeans SF6 dipped on expectations of
beneficial rains in Brazil.
* NYSE Liffe Paris February rapeseed COMG6 edged higher.
* The Canadian dollar CAD= was trading at $1.3853, or
72.19 U.S. cents at 11:52 a.m. CST (1752 GMT), little changed
from Wednesday's official close of $1.3857, or 72.17 U.S. cents.
* ICE Futures Canada will be closed on Friday and Monday for
Canadian holidays. Reopens Monday at 7 p.m. CST.

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