# North American Grain and Oilseed Review: Canola ends week on high note 29.08.2022 - UkrAgroConsult

> ICE canola futures rose on August 26 on spillover gains from Chicago soybeans and firmer European rapeseed, though palm oil slipped. Rain forecast for parts of the Prairies will delay harvest, and the Canadian dollar eased against the US dollar.

- Date: 2022-08-29 · published 2022-08-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/40143-north-american-grain-and-oilseed-review-canola-ends-week-on-high-note-29-08
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Harvest delays and firmer soy and rapeseed support canola meal prices, partly offsetting the recent weakness in vegetable oils.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/north-american-grain-and-oilseed-review-canola-ends-week-on-high-note/

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