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ICE canola futures sharply lower after Chicago soy complex falls

Intercontinental Exchange canola futures fell sharply, tracking declines in the Chicago soy complex. Soyoil dropped steeply, while soybeans and soymeal fell more moderately; European rapeseed also declined.

WINNIPEG, Manitoba--Intercontinental Exchange canola futures incurred sharp losses, following the Chicago soy complex to the downside.There were steep declines in soyoil Wednesday along with more moderate reductions in soybeans and soymeal.

European rapeseed was down as well, but Malaysian palm oil…