May Canola +$9.60 on the Week; Corn Has Bad Week | WP
May Canola +$9.60 on the Week; Corn Has Bad Week | WP
"May Canola on Friday closed at its highest level since Feb. 4, supported by solid demand and a stronger soy complex, following word that American farmers plan fewer than expected soybean acres.
May canola crept above $480 at one point but closed at $479.10 per tonne, up $3.30 on the day or 0.69 percent.
The Canadian dollar was down almost a half cent.
Over the week, the May contract rose $9.60…
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