VIDEO: Closing market update: Canola falls with crude oil | April 8, 2026

Canola futures fell sharply lower on Wednesday as a tentative ceasefire in the Middle East weighed heavily on crude oil. Soyoil was also lower, but soybeans held onto small gains in the U.S. Corn and wheat futures were weaker. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your April 8 closing grain and oilseed market update.

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