ICE Canola Continues to Struggle
WINNIPEG, Manitoba--Canola futures on the Intercontinental Exchange retreated further in the middle of Tuesday trading despite mixed sentiment in comparable oils.
Crude oil prices eased back slightly, but West Texas Intermediate remained above US$103 per barrel. U.S. President Trump announced at a rally on Monday that his administration will provide US$8 billion in fuel relief for U.S. farmers.
Chicago soyoil was slightly higher while Malaysian palm oil made gains. European rapeseed was mostly lower.
Agriculture and Agri-Food Canada scheduled its monthly outlook for principal field crops for later Tuesday.
Prairie weather conditions will have partly cloudy to sunny skies and daytime high temperatures reachingthe mid-to-high teens Celsius.
The Canadian dollar was up one-quarter of a U.S. cent compared with Monday's close.
About 28,800 canola contracts have traded at 10:15 CDT. Prices in Canadian dollars per metric ton:
Price Change
Nov 783.50 dn 3.50
Jan 796.70 dn 3.50
Mar 807.50 dn 3.40
May 814.00 dn 3.10
Source: Glacier FarmMedia, news@farmmedia.com
(END) Dow Jones Newswires
October 20, 2026 12:09 ET (16:09 GMT)
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