Farms.com Home   News

Canola Tumbles Hard

Canola futures were sharply lower on Thursday in the heaviest trading session in a number of weeks. There was significant weakness in the old-crop months, with new-crop positions seeing more modest declines.

Oilseed markets in general were pressured by a much better forecast for South America, where much-needed rain, along with cool temperatures, is expected over the weekend. Additional pressure came from much smaller losses in Malaysian palm oil, while a step back in global crude oil prices weighed on edible oils.

The Canadian dollar was slightly higher at the noon hour, which put more pressure on canola.

March canola fell $29.90 to $984.80, May was down $20.50 at $971.30 and new-crop November lost $4.20 to $795.80.

Click here to see more...

Trending Video

Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.