ICE canola weekly outlook: Uptrend intact despite selloff

ICE canola weekly outlook: Uptrend intact despite selloff

Nov canola holds above 20-day moving average

Reading Time: < 1 minute ICE Futures canola fell from contract highs as summer officially began and wild swings in outside markets weighed on values. However, support held to the downside and the uptrend remained intact ahead of a pair of key reports that could provide some nearby direction.












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Prairie forecast: Looking warm and dry for Canada Day

Forecast issued June 25, covering June 25 to July 2, 2025

Reading Time: 3 minutes A broad but unorganized area of low pressure impacts all three Prairie provinces for at least the first half of this forecast period. Unsettled weather means it will be a difficult forecast to pin down. It also means seasonable temperatures with no big intense heat waves expected—though that doesn’t mean we won’t see a few hot days.