By, , The Western Producer, June 12, 2017
The stronger loonie and expectations of welcome rain in the southern Prairies weighed down most canola futures on Monday.
Spring wheat, corn and soybeans also fell due to the rain forecast for much of the Northern plains and Midwest.
But overnight and early Tuesday trade in wheat could be supported by a sharp drop in the condition of the U.S. spring wheat crop. Early in overnight trade July spring wheat is up more than 18 cents.
July canola managed to edge higher, supported by tight old crop supplies.