# ICE Canada Weekly: Canola set to rise, but not a sure thing | Farmtario

> ICE canola futures fell sharply on March 26-27 before recovering. A MarketsFarm analyst expects Prairie cash prices to return to C$14 per bushel and possibly reach C$15, citing China's purchases and full crush capacity.

- Date: 2024-03-27 · published 2024-03-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/31159-ice-canada-weekly-canola-set-to-rise-but-not-a-sure-thing-farmtario
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Chinese buying and firm crush demand support canola prices, but farmer selling and possible ending-stock increases limit the upside.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- farmtario.com: https://farmtario.com/daily/ice-canada-weekly-canola-set-to-rise-but-not-a-sure-thing/

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