# Canola market higher, sees uncertain forward path

> Canola futures on ICE held most of their gains in the week ended June 19, still about $36 per tonne higher for November. Prices rose after the EPA proposed US biofuel changes, which lifted Chicago soyoil and spilled over into canola. Analysts expect continued support if Prairie dryness persists.

- Date: 2025-06-21 · published 2025-06-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24196-canola-market-higher-sees-uncertain-forward-path
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Soyoil strength from US biofuel policy is lifting vegetable oil prices, including canola. Dryness in the Prairies could add further upside.

## Read by commodity

- SBO: bullish ▲

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/canola-market-higher-sees-uncertain-forward-path/

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