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Manitoba Co-operator reports November canola futures reached $843.70 per tonne on September 1, the strongest front-month level since July 2023. Managed money held a net long of about 104,000 contracts, and Statistics Canada put 2025-26 ending stocks at 1.9 million tonnes.
Strong fundamentals and bullish fund positioning keep canola meal and oil prices firm, though a large long position leaves the market vulnerable to a selloff.
manitobacooperator.caPhil Franz-WarkentinSep 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
