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ICE Canada canola slips on dollar strength, profit-taking

Published 2016-04-28, 02:44 p/m
© Reuters.  ICE Canada canola slips on dollar strength, profit-taking

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, April 28 (Reuters) - ICE Canada canola
futures dropped on Thursday, pressured by a stronger Canadian
dollar and profit-taking.
* May canola RSK6 lost $1.80 at $497.70 per tonne.
* Most-active July canola RSN6 gave up $1 to $497.70 per
tonne.
* May-July canola spread traded 2,946 times.
* Chicago May soybeans SK6 last traded slightly lower on
profit-taking.
* Malaysian July palm oil 1FCPON6 and NYSE Liffe May
rapeseed COMK6 fell.
* The Canadian dollar CAD= was trading at $1.2518 to the
greenback, or 79.88 U.S. cents at 1:15 p.m. CDT (1815 GMT),
higher than Wednesday's close of $1.2619, or 79.25 U.S. cents.
* Planting ahead of schedule in Saskatchewan. GRO/SAS

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