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ICE November canola settled at C$782.90 per tonne, losing C$8.30 after falling below C$800 on Monday. Crude oil weakened as Middle East tensions eased, with Chicago soyoil and European rapeseed also lower.
Lower crude and soyoil weigh on the vegoil complex and canola's value, though heat on the Prairies gave some support. Speculative selling after the technical break adds downside pressure.
albertafarmexpress.caPhil Franz-WarkentinJul 28, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
