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For the week ended July 24, 2025, scattered rains fell on the Canadian Prairies, mostly in the southern half. November canola on ICE closed above C$700 per tonne several times but slipped to $695.70 by the end of the week.
Agriculture and Agri-Food Canada estimated 2025 canola output at 17.8 million tonnes.
Canola is supported by a smaller Canadian crop and firm vegetable oil demand, but a weaker close below key averages signals a possible turning point. Soyoil's overbought condition is a risk to canola prices.
manitobacooperator.caAdam PeleshatyJul 29, 2025Not 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.
