# North American Grain and Oilseed Review: Too much pressure on canola to sustain gains | The Western Producer

> ICE canola futures closed lower on Thursday after giving up early gains, pressured by sharp losses in Malaysian palm oil and modest declines in the Chicago soy complex. Statistics Canada reported January canola crush of 1.01 million tonnes, up nearly 8% year on year, and deliveries of 2.17 million tonnes, up 37%.

- Date: 2025-02-27 · published 2025-02-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/26152-north-american-grain-and-oilseed-review-too-much-pressure-on-canola-to-sustain
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Weaker vegetable oil values and tariff-driven uncertainty pressure canola and soy product prices, while strong crush and deliveries signal solid Canadian supply moving to processors. Buyers of canola meal should expect soft pricing near term unless vegetable oil values recover.

## Read by commodity

- SBO: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Sources

- producer.com: https://www.producer.com/market_update/north-american-grain-and-oilseed-review-too-much-pressure-on-canola-to-sustain-gains/

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