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ICE Futures Canada closing prices on December 5 showed January 2017 canola down $2.00 at $527.30 per tonne, with most nearby and deferred contracts lower by $2.70 to $3.60. Western barley was unchanged across all listed contracts, and canola volume was 653,800 tonnes.
Routine price moves in canola with no new fundamental driver signal stable oilseed demand, and unchanged barley shows no fresh supply or demand pressure for feed grains.
theglobeandmail.comThe Canadian PressDec 5, 2016theglobeandmail.comThe Canadian PressDec 5, 2016Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
