Closing market update: Canola down after choppy day | April 6, 2026

Canola futures traded to both sides of unchanged on Monday, settling with small losses despite a rally in Chicago soyoil. Uncertainty over ceasefire negotiations in the Middle East kept some caution in the grains and oilseeds, with corn and soybeans higher on the day and wheat lower. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your April 6 closing grain and oilseed market update.