# North American Grain and Oilseed Review: New crop canola makes small increase 29.06.2022 - UkrAgroConsult

> ICE canola futures posted slight gains in new-crop contracts on Tuesday, with November settling near C$890 per tonne. Soybean futures in Chicago were firmer on crude oil strength, and USDA reported 98% of soybeans planted and 65% rated good to excellent.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/41044-north-american-grain-and-oilseed-review-new-crop-canola-makes-small-increase-29
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Canola held near recent lows as crude and soyoil firmed, but mild Prairie weather limits upside. Feed buyers see canola meal and soy complex prices tracking energy and vegetable oil moves.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- CANMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/north-american-grain-and-oilseed-review-new-crop-canola-makes-small-increase/

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