# ICE review : Canola at eight-month highs | MarketScreener

> ICE canola futures closed at eight-month highs on March 12, with May at C$739.90 per tonne after recovering from early losses as crude oil turned higher. The Canadian dollar weakened nearly half a cent, and nearby crush margins topped C$300 per tonne. Canada exported 113,500 tonnes of canola in the week to March 8, with year-to-date shipments about 27% behind last year.

- Date: 2026-03-13 · published 2026-03-13T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/20292-ice-review-canola-at-eight-month-highs-marketscreener
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Wide crush margins and a weaker loonie support canola, but slower exports point to softer foreign demand. Feed buyers face higher oilseed and meal values.

## Read by commodity

- WTI: bullish ▲
- USDCAD: bullish ▲
- CANMEAL: bullish ▲

## Sources

- marketscreener.com: https://www.marketscreener.com/news/ice-review-canola-at-eight-month-highs-ce7e5fd3dd8cf02d

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