ICE Review: Canola Sees a Small Amount of Positive Traction

WINNIPEG, Manitoba--Intercontinental Exchange canola futures end Friday's session steady to higher, forgoing earlier losses.

Chicago soybeans and soyoil also turned around today after the United States Trade Representative Jamieson Greer said there will be an announcement on the trade talks between President Donald Trump and Chinese President Xi Jinping on Monday.

In other outside markets, sharp declines in crude oil continued to pressure the vegetable oils, limiting gains in at the Chicago Board of Trade. European rapeseed closed mixed and Malaysian palm oil was weaker.

Weekend weather Going into the first weekend of autumn, Prairie temperatures are to be in low to high teens Celsius. Southern Manitoba and much of Alberta are to get rain on Saturday, while Saskatchewan is to remain dry.

Crush, exports Statistics Canada reported a record August canola crush of about 1.24 million tonnes, which is also the second largest for any month.

The Canadian Grain Commission said canola exports for the week ended Sept. 20 improved to 43,300 tonnes from virtually zero.

The year-to-date rose to 752,900 tonnes compared to 627,400 a year ago.

Loonie The Canadian dollar eased back on Friday afternoon, with the loonie at 70.69 U.S. cents, compared to Thursday's close of 70.74.

Prices There were 59,437 canola contracts traded on Friday, compared to 60,187 on Thursday. Spreading accounted for 36,946 contracts traded.

Prices are in Canadian dollars per metric tonne: Price Change

 
           Price      Change 
Nov       825.60   unchanged 
Jan       841.40     up 0.20 
Mar       848.90     up 0.40 
May       851.40     up 0.50 

Spreads Spread trade prices are in Canadian dollars and the volume represents the number of spreads:

 
Months    Prices                            Volume 
Nov/Jan   12.20 under to 13.00 under        11,810 
Nov/Mar   19.60 under to 21.00 under           298 
Nov/May   22.80 under to 23.20 under             8 
Nov/Nov   34.20 over to 34.00 over               1 
Nov/Mar   32.60 over to 30.50 over               1 
Jan/Mar   7.10 under to 8.20 under           3,899 
Jan/May   9.40 under to 10.30 under             17 
Jan/Jul   6.60 under to 7.50 under               7 
Mar/May   2.10 under to 4.20 under           1,443 
Mar/Jul   0.90 over to 0.80 over                 1 
May/Jul   3.80 over to 1.20 over               735 
Jul/Nov   56.20 over to 51.90 over             226 
Nov/Jan   1.60 under to 3.40 under              26 
Jan/Mar   0.90 under to 1.10 under               1 
 

Source: Commodity News Service Canada, news@marketsfarm.com

(END) Dow Jones Newswires

September 25, 2026 15:30 ET (19:30 GMT)