# ICE Canada Weekly: Canola unlikely to have a good start to 2026 - Grainews

> A MarketsFarm trader expects canola futures to retest recent lows when trading resumes January 5, citing poor fundamentals, a record harvest and a large expected carryout by July. Canadian canola exports to China were only 113,900 tonnes through October, versus 2.29 million a year earlier.

- Date: 2025-12-31 · published 2025-12-31T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/21604-ice-canada-weekly-canola-unlikely-to-have-a-good-start-to-2026-grainews
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weak China demand and a large expected carryout point to continued downward pressure on canola and related meal prices into early 2026.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/ice-canada-weekly-canola-unlikely-to-have-a-good-start-to-2026/

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