# ICE review: Canola mixed Thursday - MarketsFarm

> ICE canola futures settled mixed on April 30, with old-crop July slightly lower and new-crop months higher. Crude oil hit four-year highs before easing, and Canadian crushers processed 1.097 million tonnes in March, up 7% year on year. The Canadian dollar strengthened to a seven-week high.

- Date: 2026-04-30 · published 2026-04-30T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/19853-ice-review-canola-mixed-thursday-marketsfarm
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A firmer loonie erodes the Canadian crush margin, while large old-crop supplies remain bearish. Oil-linked biodiesel demand continues to underpin the complex.

## Read by commodity

- USDCAD: bearish ▼
- CANMEAL: neutral

## Sources

- marketsfarm.com: https://marketsfarm.com/ice-review-canola-mixed-thursday-2/

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