# Canadian canola futures rise - Business Recorder

> ICE Canadian canola futures rose on January 28, with March contracts up C$1.50 to C$488.50 per tonne. Gains were driven by spillover from soyoil and technical buying, while Chicago soybeans climbed on uncertainty over Brazil's crop.

- Date: 2019-01-28 · published 2019-01-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61190-canadian-canola-futures-rise-business-recorder
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Higher soyoil and Brazilian crop uncertainty support oilseed meal prices, though a firmer Canadian dollar limited the gains.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/amp/4666731

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