# ICE Canola Midday: Comparable oils pull up canola

> The Canadian Grain Commission reported canola exports rose slightly to 238,000 tonnes and domestic use dipped to 196,300 tonnes in the week ended Oct. 25. Comparable vegetable oils lifted canola prices in midday trading.

- Date: 2026-10-30 · published 2026-10-31T10:05:40.496Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/2903-ice-canola-midday-comparable-oils-pull-up-canola
- 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

Steady export and crush-related domestic use provide balanced demand, while firmer vegetable oil prices support canola meal values for feed buyers.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-07-23 | [Market Update for Rapeseed & Canola 23th of July 2025](https://feedsoft.ai/events/23869-market-update-for-rapeseed-and-canola-23th-of-july-2025.md) | +1.4% | -4.7% |
| SBO | 2026-06-29 | [Market Update for Rapeseed & Canola 29th of June 2026](https://feedsoft.ai/events/18910-market-update-for-rapeseed-and-canola-29th-of-june-2026.md) | -1.1% | +7.5% |
| SBO | 2025-04-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/25227-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +2.0% | +5.6% |
| SBO | 2025-07-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/23812-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +1.2% | +0.8% |
| SBO | 2023-11-28 | [Grain Journal \| US canola oil consumption reaches another record high](https://feedsoft.ai/events/33281-grain-journal-us-canola-oil-consumption-reaches-another-record-high.md) | -1.5% | -4.8% |
| PALMOIL | 2026-06-29 | [Market Update for Rapeseed & Canola 29th of June 2026](https://feedsoft.ai/events/18910-market-update-for-rapeseed-and-canola-29th-of-june-2026.md) | -0.5% | +0.6% |
| PALMOIL | 2025-04-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/25227-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | -2.5% | -6.2% |
| PALMOIL | 2025-07-07 | [FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices](https://feedsoft.ai/events/23812-fao-food-price-index-up-slightly-in-june-due-to-higher-meat-dairy-and-vegetable.md) | +0.8% | +2.7% |

## Sources

- producer.com: https://www.producer.com/market-update/ice-canola-midday-comparable-oils-pull-up-canola/

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