ICE canola futures fall as crude slides; November down 11.80 Canadian dollars at 734.30 per tonne

ICE canola futures weakened after crude oil prices fell following a peace deal signed by the United States and Iran. The November contract dropped 11.80 Canadian dollars to 734.30 Canadian dollars per metric tonne. Chicago soybeans and European rapeseed also moved lower, while Malaysian palm oil was relatively steady. Saskatchewan reported spring seeding at 97% complete as of June 15, and the Canadian dollar eased to 70.75 U.S. cents.