By Glen Hallick
Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures slipped back on Monday morning, due to pressure from losses in comparable oils.
Chicago soybeans and soyoil plus Malaysian palm oil were to the downside while MATIF rapeseed was mixed. Losses in crude oil added more pressure on the vegetable oils.
Agriculture and Agri-Food Canada issued its September supply and demand report late Friday. As with Statistics Canada’s September production update, canola production for 2025/26 is 20.03 million tonnes. Canola exports were projected to be seven million tonnes with domestic crush at 11.80 million and ending stocks at 2.50 million.
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Glacier FarmMedia – Canola futures on the Intercontinental Exchange took another step lower in the middle of Monday trading, weakened…
The Prairies have been forecast to get more good harvest weather on Monday, with temperatures in the mid-20 degrees Celsius.
Alberta reported its overall harvest was 78 per cent complete with the canola 56 per cent finished provincewide. Canola was yielding an average of 42 bushels per acre.
The Canadian dollar was a pinch higher on Monday morning, with the loonie at 71.77 U.S. cents compared to Friday’s close of 71.73.
The canola market will be close on Tuesday for the National Day for Truth and Reconciliation.
Approximately 10,250 contracts were traded by 8:43 CDT and prices in Canadian dollars per metric tonne were:
Price Change
Canola Nov 607.90 dn 6.70
Jan 621.00 dn 6.70
Mar 632.30 dn 6.90
May 643.10 dn 6.30
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
