WINNIPEG, Manitoba--The ICE Futures canola market made small declines Monday morning, capped by a weaker Canadian dollar.

Chicago soyoil, European rapeseed and Malaysian palm oil were both lower to start the day. However, crude oil was higher due to a stronger economy in China and a tenuous ceasefire between Israel and Hezbollah.

The Canadian dollar was down nearly two-tenths of a U.S. cent compared with Friday's close.

Nearly 11,500 contracts were traded. Prices in Canadian dollars per metric ton as of 9:40 a.m. ET:


Canola 
           Price      Change 
Jan.      571.40     dn 2.70 
Mar.      584.20     dn 1.70 
May       594.10     dn 2.10 
Jul.      597.20     dn 2.40 
 

Source: Commodity News Service Canada, news@marketsfarm.com


(END) Dow Jones Newswires

12-02-24 1027ET