VIDEO: Closing market update: Canola holds onto small gains | March 12, 2026

Canola futures held onto small gains on Thursday, as advances in crude oil and world vegetable oil markets provided support. The ongoing war in the Middle East kept soybeans and corn well supported given their connection to renewable fuels, while wheat was narrowly mixed. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your March 12 closing grain and oilseed market update.

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