Source: Michael Raine, Saskatoon Newsroom, Producer.com, February 19, 2019
Grain markets were lower today, with canola finishing $2.40 per tonne down on the March ICE contract, closing at $473.40.
The rest of the 2019 canola contracts were off between $2 and $2.80 with January 2020 down 70 cents, hanging in a $498.30.
It was canola chasing soy down, as the markets looked for positive Chinese trade news that didn’t come.
March futures on Chicago dropped 6.75 US-cents to $9.00-75, with May down 7 cents to $9.14-50.
