# North American Grain and Oilseed Review: Another day of losses for canola 26.08.2022 - UkrAgroConsult

> ICE canola futures fell on August 25 after losses in Chicago soybeans, European rapeseed and Malaysian palm oil, with crude oil also pulling back. Good Prairie weather is advancing harvests, and trade expectations for Statistics Canada's production estimate range from 18.6 to 20.3 million tonnes.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/40142-north-american-grain-and-oilseed-review-another-day-of-losses-for-canola-26-08
- 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

Favourable harvest weather and softer vegetable oil complex prices point to lower canola and canola meal values ahead of the StatCan report.

## Read by commodity

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

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/north-american-grain-and-oilseed-review-another-day-of-losses-for-canola/

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