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ICE Canada canola falls on soy weakness, Canadian dollar strength

Published 2015-09-17, 02:39 p/m
ICE Canada canola falls on soy weakness, Canadian dollar strength

(All figures in Canadian dollars unless noted)
WINNIPEG, Manitoba, Sept 17 (Reuters) - ICE Canada canola
prices fell on Thursday, weighed down by weaker soy prices and a
stronger Canadian dollar.
* Statistics Canada surprised traders by issuing a new,
unscheduled canola crop estimate of 14.4 million tonnes, higher
than its August estimate of 13.3 million, factoring in satellite
and climate data. ID:nL1N11N10M
* November canola RSX5 lost $2.70 to $470.30 per tonne.
* January canola RSF6 gave up $2.50 to $475.20 per tonne.
* November-January spread traded 3,383 times.
* Chicago November soybeans SX5 dipped on concerns about
exports. ID:nC3N0XP021
* Malaysian November palm oil 1FCPOX5 and NYSE Liffe Paris
November rapeseed COMX5 fell.
* The Canadian dollar CAD= was trading at $1.3125, or
76.19 U.S. cents at 1:18 p.m. CDT (1818 GMT), up from
Wednesday's close of $1.3171, or 75.92 U.S. cents.
* 52 percent of Saskatchewan's total crop is harvested,
ahead of normal. But rain has delayed harvest. GRO/SAS


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