Food Industry
Industry: Email Alert RSS FeedWCE Futures Midday: Down With CBOT Futures.
Resource News International, June, 2005
Winnipeg, Jun 21, 2005 (Resource News International via COMTEX)
Grain and oilseed futures at theWinnipeg Commodity Exchange (WCE) are mainly lower at midday Tuesday in the wake of the weaker tone in Chicago Board of Trade futures, brokers said.
There was some evening up evident ahead of the Statistics Canada planting report to be released Thursday morning.
Canola dropped moderately at the opening in moderate trade, but came back to just small losses by midsession. There was active spread trade with the July/Nov spread trading at C$8.00 to $9.20 and the Nov/Jan spread trading at $6.50 to $8.00. An estimated 4,873 contracts have traded so far during the session.
The canola market mirrored the CBOT soybean market dropping moderately and...
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