WINNIPEG, Manitoba--The ICE Futures canola market was weaker on Friday, falling in sympathy with crude oil and world vegetable oil markets.
- Optimism over the latest peace negotiations in the Middle East weighed on crude oil, which was down by over three per cent.
- Chicago soyoil, European rapeseed and Malaysian palm oil futures were all lower on the day.
- Chart-based positioning ahead of the weekend was a feature, as canola fell below nearby support levels and speculative selling built on itself.
- Weekly Canadian canola exports of 117,800 tonnes were down from 252,300 tonnes the previous week and the lowest in 13 weeks, reported the Canadian Grain Commission. Crop year- to-date exports hit 7.55 million tonnes, which compares with 8.68 million tonnes at the same point the previous year.
- There were 64,384 contracts traded on Friday, which compares with Thursday when 59,703 contracts changed hands.
Spreading accounted for 41,738 of the contracts traded.
Settlement prices in Canadian dollars per metric tonne.
Price Change
Jul 757.20 dn 7.50
Nov 765.90 dn 7.10
Jan 774.20 dn 7.00
Mar 780.10 dn 7.10
Spread trade prices are in Canadian dollars and the volume represents the number of spreads:
Months Prices Volume Jul/Nov 8.20 under to 9.10 under 14,922 Jul/Jan 16.70 under to 17.30 under 1,002 Nov/Jan 7.80 under to 8.50 under 3,018 Nov/Mar 13.40 under to 14.30 under 157 Nov/May 16.20 under to 17.20 under 23 Jan/Mar 5.30 under to 6.10 under 1,310 Mar/May 2.10 under to 2.90 under 316 Mar/Jul 0.20 over to 0.40 under 57 May/Jul 3.20 over to 2.30 over 64
Source: Commodity News Service Canada, news@marketsfarm.com
(END) Dow Jones Newswires
June 12, 2026 15:53 ET (19:53 GMT)
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