17/04/2024 (Market Screener), Winnipeg - The ICE Futures canola market incurred more losses Wednesday morning due to declines in comparable oils.

Chicago soyoil was lower, while Malaysian palm oil and European rapeseed fell sharply. Crude oil was down more than US$1 per barrel on expanding U.S. inventories despite continuing tensions in the Middle East.

The Canadian dollar was up one-tenth of a U.S. cent compared with Tuesday's close.

Temperatures in the single digits are expected Wednesday across the Prairies to go along with rain and snow, with the heaviest amounts in Manitoba.

Nearly 21,000 contracts were traded.

https://www.marketscreener.com/quote/commodity/WTI-2355639/news/ICE-Canola-Suffers-Morning-Losses-46458276/