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ICE canola futures stayed lower on Friday, March 21, though they pulled back from larger earlier declines. Pressure continued from China's tariffs on Canadian canola meal and oil, while losses in soybeans, soyoil and palm oil also weighed.
The market was described as awaiting USDA's March 31 planting report and US trade action due April 2.
Canola stays under pressure while Chinese tariffs keep meal and oil trade shut. Lower Canadian canola prices could draw more European export demand.
marketscreener.comMarketScreenerMar 21, 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.
