Canola Futures Hold Firm on Strong Crush Demand
ICE canola futures ended steady, supported by robust crush margins and tight Prairie farmer selling. Global vegetable oil weakness capped gains as palm oil and soyoil drifted lower. Analysts remain focused on Canadian weather and EU rapeseed import flows ahead of the next supply-demand update.
Weekly Export Shipments: China, EU Lead Canola Buying
Canadian canola exports rose week-over-week, led by Chinese crushers and EU biodiesel demand. Logistics bottlenecks on the West Coast improved slightly, while competition from Black Sea rapeseed remains a headwind. U.S. soy oil and meal flows continue to influence global oilseed trade dynamics.
Fertilizer, Energy & Crush Tracker: Farm Margins Watched
Canola producers face higher nitrogen fertilizer and fuel expenses, while crushers benefit from strong meal and oil demand. Energy markets remain volatile, shaping processing spreads and biofuel margins. Farmgate profitability hinges on balancing rising input costs with steady export demand.
The Canola Market Yearly Outlook reviews price trends since 2021 and provides forecasts through 2027. Analysis covers Canadian production, EU imports, global biofuel demand, and crushing margins. Read full report