WINNIPEG, Manitoba--The ICE Futures canola market declined further on Wednesday, following the lead of comparable oils.

Chicago soyoil and Malaysian palm oil were lower to start the day, while crude oil also dropped on fears of a surplus. Meanwhile, European rapeseed was mixed.

The Canadian dollar was down more than one-tenth of a United States cent compared to Tuesday's close.

Nearly 8,700 contracts were traded. Prices in Canadian dollars per metric ton as of 9:40 ET:


 
           Price      Change 
Jan.      647.30    dn 11.10 
Mar.      659.80    dn 11.30 
May       667.80    dn 11.20 
Jul.      671.50     dn 9.90 
 

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


(END) Dow Jones Newswires

11-13-24 1019ET