ICE Canola: Canola Bounces Back on Crude Advances

Mar 12, 2026

Canola futures snapped back higher on Wednesday following two days of losses, supported by strength in the broader vegetable oil complex.

Gains in Chicago soybean oil futures amid Iran war-related strength in crude oil spilled over to provide significant support for canola, which posted double-digit advances.

Canola was further underpinned by the strength seen in competing oilseeds and vegetable oils, including European rapeseed and palm oil. Weakness in the Canadian dollar offered further support.

May canola was up $13.20 at $733.30, and November was $13.50 higher at $727.60.

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Video: Turning Better Feed Into Better Herds: Innovation in Forage Harvesting

What happens when a dairy farmer gets frustrated with equipment that isn’t doing its job? In this episode, we sit down with Horning Manufacturing founder Leon Horning to hear how a problem in the feed bunk led to a globally recognized forage equipment company.

Born out of a third-generation dairy operation in Pennsylvania, Horning Manufacturing started with one goal: helping cows get more nutrition from silage. Leon shares how his father, Leon Sr., built the first kernel processor rolls in the family farm shop after seeing whole corn kernels pass through cows undigested — costing valuable feed efficiency and milk production.

We explore the company’s journey from a side project on the farm to an international manufacturer serving dairy farmers, beef operators, and custom harvesters around the world. Along the way, Leon discusses the evolution of pull-type forage harvesters, the engineering behind Horning’s “plug-and-play” kernel processor kits, and why reducing downtime during harvest can make or break a season.

The conversation also dives into Horning’s row-independent corn heads, practical equipment design, real-world customer stories, and how innovations born in the field continue to shape the company today.

Whether you’re a producer, equipment enthusiast, or simply love stories of grassroots innovation, this episode offers a fascinating look at how one farm family turned necessity into industry-changing technology.

Contact Horning Manufacturing today at 717-354-5040
https://www.horningmfg.com/