WINNIPEG, (Manitoba): ICE canola futures gained ground on Tuesday for a fourth straight session, rising with soy futures and crude oil. May canola added $9.20 to settle at $762.40 per tonne. Canola prices had steadily declined in March prior to the recent rally, and prices are likely to weaken again soon, a trader said. May-July canola spread, the most active inter-month spread, traded 5,832 times. US wheat and soybean futures were higher and corn was mixed as traders speculated over US planting acreage and grains availability in the Black Sea export corridor. Euronext May rapeseed futures settled unchanged.
Source: Brecorder
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