Closing market update: Canola recovers to post small gains | Jan. 2, 2026

Canola futures recovered to post small gains Friday, with strength in soyoil providing spillover support. Chicago soybeans and corn were weaker, while wheat futures were narrowly mixed. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your Jan. 2 closing grain and oilseed market update.

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