Canola futures broke below their nearby trading range as a selloff in crude oil weighed on prices. While seasonal price trends point higher, direction will continue to come from developments in the Middle East.
ICE weekly: War news driving canola markets
ICE Weekly: Trade waits for canola to break out
Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.
ICE Weekly: Canola to stay elevated as war persists
Canola prices will stay elevated as long as there is conflict in the Middle East, said a Winnipeg-based analyst.
ICE canola outlook: Upside unknown given geopolitical risks
Canola futures climbed higher during the week ended March 11, finding spillover support from advances in crude oil due to the escalating conflict in Iran and surrounding countries.
ICE Canada Weekly: U.S. biodiesel mandate will be a boon for canola
Canola is poised for more gains as the trade awaits the Trump administration’s decision on the latest biodiesel mandate, said Jamie Wilton, broker with RJ O’Brien in Winnipeg.
ICE Weekly: Canola benefitting from supportive factors
Canola futures were on the rise during the week ended Feb. 25, 2026 and there could be some more upside, said an analyst.
ICE canola weekly outlook: Rallying soyoil supportive
ICE Futures canola contracts were underpinned by a rally in Chicago soyoil during the week ended Feb. 18, but the Canadian oilseed ran into upside chart resistance that tempered gains.
ICE Canada Weekly: Canola needs to back away from highs
Concerns about canola getting too expensive have crept into the Canadian oilseed’s recent rally on the Intercontinental Exchange.
ICE canola weekly outlook: More upside possible
ICE canola futures have trended steadily higher for the past month, with more upside possible from a chart standpoint as market participants continue to account for easing tariffs from China.
ICE Canada Weekly: Canola premium required
In order to get Canadian farmers to plant at least the same amount of canola this spring as they did last spring, they are likely going to need a premium, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.