ICE canola futures turn positive after earlier declines
ICE canola futures in Winnipeg, Manitoba, shed earlier losses and turned positive Thursday. The turnaround followed earlier strong gains in crude oil, with crude now mixed, and support from higher Chicago soybeans and soymeal.
WINNIPEG, Manitoba--As expected, Intercontinental Exchange canola futures shed their losses to turn positive on Thursday.
Earlier strong gains in crude oil spurred the Canadian oilseed's turnaround, but crude was now mixed.Support for canola also came from increases in Chicago soybeans and soymeal…