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ICE canola futures jump midday Tuesday, November up C$12.10

ICE Futures canola contracts were sharply higher at midday Tuesday. November canola rose C$12.10 to C$834.60 per tonne, trading well above major moving averages.

WINNIPEG, Manitoba--ICE Futures canola contracts were sharply higher at midday Tuesday. 60 per tonne and was trading well above its major moving averages. Gains in crude oil amid heightened conflict in the Middle East supported world vegetable oil markets.