ICE Close: Canola Higher on Return from Canada Day Holiday

Canola futures finished slightly higher on Thursday as the market returned from the Canada Day holiday a day earlier. Modest gains in crude oil provided some support for vegetable oils and helped lift canola, while mixed movement in Chicago soybeans and soyoil kept the advance restrained. Crude oil settled marginally higher Thursday on short covering ahead of the U.S. holiday weekend.Trading was relatively cautious, however, as market participants adjusted positions ahead of another holiday inte