WINNIPEG, Manitoba–The ICE Futures canola market was mostly weaker Monday afternoon to coincide with the decline in crude oil prices.
A trader commented that macroeconomic events are influencing the behavior of rapeseed buyers.
“We kind of look at outside influences, [such as] civil unrest in China. They are also looking at crude oil,” the trader said. “Because of these macro factors, there is a risk-off sentiment in the canola market… traders have their hands in…
