Glacier FarmMedia — The ICE Futures canola market was weaker at midday Monday, with losses in the Chicago soy complex accounting for some spillover selling pressure.
The November contract fell to fresh six-month lows before uncovering some chart support to the downside.
Relatively favourable weather conditions for the advancing harvest contributed to the declines, with a lack of significant export demand also weighing on prices.
Canadian canola exports through the first six weeks of the 2025/26 marketing year of 575,000 tonnes compare with 1.45 million at the same point a year ago.
An estimated 33,200 canola contracts traded as of 10:31 CDT.
Prices in Canadian dollars per metric tonne at 10:31 CDT:
Canola Nov 614.50 dn 4.10
Jan 627.50 dn 4.00
Mar 638.40 dn 4.50
May 647.90 dn 4.90
Access the latest futures prices at https://www.producer.com/markets-futures-prices/