# ICE Canada Morning Comment : Canola Futures Dropping | MarketScreener

> ICE canola futures fell sharply in early Thursday trading to their lowest in nearly three months, with January down C$5 at C$780.70 per tonne. Lower crude oil, soyoil, palm oil and rapeseed prices weighed on values, and steady farmer selling continued during the nearly complete Canadian harvest.

- Date: 2026-10-29 · published 2026-10-29T18:05:48.197Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/1366-ice-canada-morning-comment-canola-futures-dropping-marketscreener
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weaker vegetable oil complex and heavy harvest selling push canola and its meal prices lower, while crude weakness reduces biofuel-linked support.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Sources

- marketscreener.com: https://www.marketscreener.com/news/ice-canada-morning-comment-canola-futures-dropping-ce785fdad88af027

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.