ICE canola futures fall 2.39% on soybean weakness
November canola fell on weakness in soybeans and soyoil, while Brent crude oil rose. Western Canadian farmers are struggling to harvest crops due to wet conditions.
(All figures in Canadian dollars unless noted) WINNIPEG, Manitoba, Sept 28 (Reuters) — ICE canola futures settled lower despite firm crude oil prices as soybeans slumped on the lack of a Chinese agreement to buy more US soybeans. 40 to $809 per metric ton. Western Canadian farmers are struggling to harvest their crops due to wet conditions. Brent crude oil rose on pessimism about a near-term resolution to the Iran war.
27%. 33% on disappointment about the lack of Chinese commitments to purchase American soybeans. 66%. 2%.
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