Canola Prices Edge Higher Following Sharpe Drop on Wednesday

Canola oil prices edged higher on Thursday snapping back slightly after diving on Wednesday.  The canola market finished sharply weaker on Wednesday as losses in the U.S. soy complex and a bearish technical position triggered a wave of selling.   The stronger Canadian dollar also pressured canola prices as it made canola less attractive to out-of-country buyers.

Losses in Malaysian…