Periodic Updates on the Futures Markets

OMAHA (DTN) — January Canola is up 11.10 per metric ton (mt), December soybean oil is up 1.37 cents per pound, European February rapeseed is up 1.00 euro per mt and December Malaysian palm oil is closed for Diwali. December oats are up 9 1/4 cents per bushel. December crude oil is up 1.01 per barrel (bbl) and the Canadian dollar is down .0012 at .71935. Canola is strong again Thursday morning along with the other vegetable oil markets. Strength in crude oil is helping with the gap lower coming within .20/bbl of being filled, so far. Such strength is impressive with equities under pressure this morning, led by the tech-heavy, interest rate sensitive Nasdaq with higher rates contributing. Oats are breaking up out of the recent consolidation on tight supplies, currently at levels not seen since mid-May.