Canola futures rebounded from losses on Friday to post double-digit gains on Monday.
Strength in Chicago soybeans and soybean oil helped to lift the Canadian market.
StatsCan will release a report tomorrow at 8:30 am EST showing grain stocks as of July 31, 2025 – ending stocks for the now-concluded 2024-25 crop year. Trade guesses put canola stocks at anywhere from 1.5 million to 4 million tonnes, compared to the latest Agriculture Canada projection of 1.18 million.
November canola climbed $10.50 to $627.30, and January was $10.40 higher at $638.60.
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