Canola futures faced widespread declines across all listed contracts, with losses deepening toward the front of the curve. The November 2025 contract led the downward slide, dropping by 12.9 CAD to close at 682.50 CAD/tonne. January 2026 followed closely behind, shedding 12.1 CAD to finish at 693.80 CAD/tonne, while March 2026 lost 10.4 CAD to settle at 702.40 CAD/tonne.
Even the more deferred months weren't spared, though their losses were slightly more moderate. May 2026 dropped 9.1 CAD to close at 709.20 CAD/tonne, and July 2026 declined by 8.0 CAD to end the day at 713.20 CAD/tonne. November 2026 wrapped up the curve with a 6.1 CAD loss, settling at 677.70 CAD/tonne.
The uniform pressure across the strip suggests a broader bearish sentiment in the canola market, possibly tied to external oilseed market influences or improved weather outlooks in key growing regions.
Source : Syngenta.ca