Canola futures edge higher on fund flow into commodities

By D’Arce McMillian, Reuters News Agency, May 17, 2016 

A general flow of money into commodities helped lift crop futures prices Tuesday

Weakness in soy oil however limited the gain in canola.

July canola closed at $516.80, up 90 cents or 0.17 percent. In early morning trade July flirted briefly with $520

New crop November closed at $515.60, up $2.70 or 0.53 percent.

Crude oil rallied on reduced production in Canada, because of the forest fires around Fort McMurray, and in Nigeria.

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