July canola is down $2.80/metric ton (mt) with November canola down $1.30/mt, July soybean oil is closed, August European rapeseed is up 4 euro per mt and August Malaysian palm oil is up 1.60%. July oats are closed. July crude oil is up $.75 per barrel, July ULSD is up $0.0605 per gallon, and the September Canadian dollar is down 0.00220 at 0.70770. The September U.S. dollar index is down 0.008 at 100.610 and the July Brazilian real is up 0.00115 at 0.19400.

Canola trading is very limited, as one would expect with regular markets closed for the Juneteenth holiday in the U.S. The small gains seen in overnight trading have evaporated despite energy markets trading near their highs of the day on instability in the Middle East, European rapeseed holding onto its gains on drought in France and palm oil's strength overnight.

Outside markets are seeing very light trading volumes as well with only small moves in the electronic counterparts. Stocks, bonds and the U.S. dollar all remain quietly lower with the negative developments in the Middle East weighing on them.

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