# ICE Review : Canola Still to the Downside

> 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.

- Date: 2025-03-21 · published 2025-03-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/25697-ice-review-canola-still-to-the-downside
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Canola stays under pressure while Chinese tariffs keep meal and oil trade shut. Lower Canadian canola prices could draw more European export demand.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- marketscreener.com: https://www.marketscreener.com/news/latest/ICE-Review-Canola-Still-to-the-Downside-49403664/

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