VIDEO: Closing market update: Canola retreats to end lower | March 27, 2026

Canola futures retreated from early gains to end lower, as declines int the Chicago soy complex spilled over to weigh on values. A “buy the rumour, sell the fact” reaction to updated U.S. renewable fuel standards accounted for some of the selling in soybeans and corn, while wheat was underpinned by mounting drought concerns in the Southern Plains. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your March 27 closing grain and oilseed market update.

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