Glacier FarmMedia — ICE canola futures were weaker Monday morning, seeing a continuation of last week’s drop as an overnight attempt at correcting higher ran out of steam.
The market remained pressured by the record-large crop grown in 2025, with the ongoing trade dispute with China adding to the bearish tone.
Losses in Chicago soybeans and soyoil accounted for additional spillover selling pressure. However, European rapeseed and Malaysian palm oil were firmer on the day.
The Canadian dollar was stronger relative to its United States counterpart in early activity.
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Glacier FarmMedia -– Canola futures on the Intercontinental Exchange were down on Friday, with the January contract falling to its…
About 20,100 canola contracts had traded as of 8:52 CST.
Prices in Canadian dollars per metric tonne at 8:52 CST:
Canola Jan 614.40 dn 3.50
Mar 627.90 dn 3.20
May 640.80 dn 3.00
Jul 649.40 dn 3.00
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