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ICE Canada canola rises with soybeans

Published 2016-06-07, 02:43 p/m
ICE Canada canola rises with soybeans

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, June 7 (Reuters) - ICE Canada canola
futures rose on Tuesday, helped by strength in soybeans.
* Hot weather this week in Western Canada may add to dryness
concerns in parts of Alberta, a trader said, although areas of
Manitoba need heat to dry up waterlogged fields.
* July canola RSN6 gained 90 cents to $518 per tonne.
* November canola RSX6 added $1.40 at $524 per tonne.
* July-November canola spread traded 7,390 times.
* Chicago July soybeans SN6 rose on tightening supplies.

* NYSE Liffe August rapeseed COMQ6 and August Malaysian
palm oil 1FCPOQ6 fell.
* The Canadian dollar CAD= was trading at $1.2775 to the
greenback, or 78.28 U.S. cents at 1:03 p.m. CDT (1803 GMT),
higher than Monday's official close of $1.2807, or 78.08 U.S.
cents.
* Manitoba farmers checking crops for damage after excessive
rains.

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