ICE Morning Commentary: ICE Canola Regains Upward Momentum

WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange returned to positive territory Wednesday morning despite mixed sentiment in comparable oils.

Attacks on oil tankers near the Strait of Hormuz as well as Aramco headquarters in Saudi Arabia lifted crude oil prices. However, Chicago soyoil was lower, European rapeseed was mostly higher and Malaysian palm oil was mixed.

Much of central Alberta, including Edmonton, is under a wind warning where gusts can reach 90 kilometers per hour. Northern and central parts of Alberta and Saskatchewan will see showers and cool temperatures, while southern parts of the Prairies will be sunny with highs up to 18 degrees Celsius.

The Canadian dollar fell three-tenths of a U.S. cent compared with Tuesday's close.

Nearly 31,200 contracts were traded. Prices in Canadian dollars per metric ton as of 9:44 a.m. ET:

Canola 
           Price      Change 
Nov       817.70     up 4.40 
Jan       830.80     up 3.90 
Mar       840.10     up 3.70 
May       843.10     up 2.80 
 

Source: Glacier FarmMedia, news@farmmedia.com

(END) Dow Jones Newswires

October 14, 2026 10:26 ET (14:26 GMT)