ICE canola futures move little, following soy
WINNIPEG, Manitoba, Oct 6 (Reuters) - ICE canola futures edged higher on Monday amidst low volume and little direction.
• November canola RSX5 settled up $2.50 at $607.50 per metric ton. January RSF6 settled up $2.30 at $620.40.
• Many Canadian farmers have finished harvesting, with reports of better-than-expected yields. Rain on the eastern prairies on the weekend has delayed late-seeded crops from being harvested, as well as soybeans.
• There has been little commercial news in recent days to give traders a direction to chase, so the market has been mellow, said a trader. Volume in both November and January was low on Monday.
• Chicago Board of Trade soyoil futures BOv1 rose 0.4%.
• Euronext rapeseed futures COMc1 rose 0.98%.
• Malaysian palm oil futures FCPOc3 fell 0.11% on profit-taking. POI/
• The Canadian dollar CAD= was flat. CAD/
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