# ICE weekly outlook: Late canola crop hinges on weather - AgCanada

> ICE canola futures held in a narrow range in the week to August 10, with the market focused on weather because the crop is about two weeks behind normal across the Prairies. Analysts expected the November contract to trade between C$780 and C$900 per tonne, and farmers are lightly priced after last year's drought.

- Date: 2022-08-11 · published 2022-08-11T12:00:00.000Z
- Category: weather · region Canada · magnitude low
- Page: https://feedsoft.ai/events/40146-ice-weekly-outlook-late-canola-crop-hinges-on-weather-agcanada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A late crop leaves the market sensitive to frost or benign weather, and heavier harvest selling could pressure canola meal prices.

## Read by commodity

- CANMEAL: neutral

## Sources

- agcanada.com: https://www.agcanada.com/daily/ice-weekly-outlook-late-canola-crop-hinges-on-weather

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