WINNIPEG, Manitoba – The ICE Futures canola market was stronger Thursday, recovering from earlier declines in sympathy with external markets.
US inflation data initially weighed on grains and oilseeds, but selling pressure eased and a bullish move in crude helped push vegetable oil markets – including canola – also higher.
Ideas that canola will remain cheap relative to other oilseeds given its wide crush ranges also underpinned the future.
Harvest…
