WINNIPEG--The ICE Futures canola market was weaker on Friday, as traders booked profits ahead of the weekend.
- Losses in crude oil and Chicago soyoil accounted for some spillover selling pressure in the Canadian oilseed.
- The November contract traded within a wide range between C$812.00 per tonne and a new three-year high of C$838.90 per tonne, settling C$11 lower on the day at C$824.90 per tonne.
- Weekly Canadian canola exports of 168,100 tonnes were roughly half of what moved the previous week, according to Canadian Grain Commission data. Crop-year-to-date exports of 8.7 million tonnes compare with 9.4 million tonnes at the same point the previous year with two weeks remaining in the 2025-26 marketing year.
- Production uncertainty in parts of the Prairies and the need to keep a weather premium in the market remained supportive.
