ICE canola weaker in choppy trade

Glacier FarmMedia — The ICE Futures canola market traded to both sides of unchanged Tuesday morning, with the bias pointing lower at midsession as losses in Chicago soyoil spilled over to weigh on prices.

Malaysian palm oil was also weaker on the day, although gains in European rapeseed provided some spillover support.

Harvest operations were advancing across the Prairies amid relatively favourable weather conditions.

Canadian canola stocks as of July 31, 2025, were estimated at 1.6 million tonnes by Statistics Canada. That was in line with trade estimates, but roughly half of what was on hand at the same time a year ago.

An estimated 23,900 canola contracts traded as of 10:59 CDT.

Prices in Canadian dollars per metric tonne at 10:59 CDT:

Canola            Nov   624.20    dn  3.10

                  Jan   636.10    dn  2.50

                  Mar   647.80    dn  1.40

                  May   657.50    dn  1.20

To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/