Reading Time: < 1 minute ICE canola futures saw some choppy activity during the week ended Nov. 26, falling below nearby support at one point before clawing back from those losses to continue their steady uptrend of the past two months.
Canola
ICE canola weekly outlook: Slowly grinding higher
Funds held large net short in canola before U.S. shutdown
Reading Time: < 1 minute Speculative fund traders were adding to a recently-established net short position in canola at the end of September, said the first Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) since the end of the U.S. federal government shutdown.
ICE Canada Weekly: Canola likely to remain rangebound
Reading Time: < 1 minute Canadian canola futures are poised to slip back in the short term, although the oilseed could climb slowly higher in the long term, said Jamie Wilton, trader with R.J. O’Brien in Winnipeg, Man.
Trump administration may delay biofuel import credit cuts as refiners balk
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Reading Time: 2 minutes President Donald Trump’s administration is considering delaying for one or two years its proposed cuts in incentives for imported biofuels amid pressure from U.S. refiners who argue the move could raise costs and tighten fuel supplies, according to two sources familiar with the matter.
ICE Weekly: Trade progress, new data threaten to break canola’s price range
Reading Time: 2 minutes Canola futures could be affected by trade progress between Canada and China as well as the USDA’s November supply and demand estimates.
Canada agriculture minister says canola trade prospects are improving after China visit
Reading Time: 2 minutes Canada’s agriculture minister Heath MacDonald said in an interview on Monday his weeklong trip to China is evidence of bilateral relations beginning to thaw, something desperately needed by Canada’s farmers and canola exporters.
Notable changes in exports to China, India
Reading Time: 2 minutes China and India figured prominently in the September export data issued by the Canadian Grain Commission on Nov. 7. For the most part, the CGC’s numbers highlighted issues with grain, oilseed and pulse exports from licensed facilities to those countries.
ICE canola weekly outlook: Market rangebound
Reading Time: < 1 minute ICE canola futures saw some wide price swings during the week ended Nov. 5, although the market remains stuck in a sideways range overall.
China rapeseed meal futures see largest one-day gain in almost three months after Xi–Carney talks
Reading Time: < 1 minute China’s most active Zhengzhou rapeseed (canola) meal futures posted their largest daily gain in nearly three months on Monday, after Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met in South Korea last week without securing a breakthrough on tariffs.
Canadian wheat exports at record pace; canola lagging
Reading Time: < 1 minute Canadian wheat exports are running at a record pace through the first 12 weeks of the 2025/26 (Aug/Jul) marketing year, according to the latest weekly grain handling statistics from the Canadian Grain Commission (CGC). Meanwhile, canola exports are behind on the year and well off the average.