# Canola futures up slightly | The Western Producer

> ICE canola futures edged higher on July 23, 2019, in light volume, with the most-active November contract up 50 cents to C$447.50 per tonne. The Canadian dollar weakened to near a one-month low against the US dollar.

- Date: 2019-07-23 · published 2019-07-23T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/58208-canola-futures-up-slightly-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A softer Canadian dollar makes canola more competitive in export markets, but thin trading volume suggests limited conviction in the price move.

## Sources

- producer.com: https://www.producer.com/daily/canola-futures-up-slightly/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.