# ICE canola futures fall amid Ukraine uncertainty - Markets - Business Recorder

> ICE canola futures fell on Friday, ending a six-day winning streak, as investors sold oilseed and grain markets that had rallied the previous day on fears of supply disruption from Ukraine and Russia. Most-active May canola lost 4.8% to C$1,001.20 per tonne, hitting technical support near its 100-day moving average.

- Date: 2022-02-27 · published 2022-02-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42802-ice-canola-futures-fall-amid-ukraine-uncertainty-markets-business-recorder
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The selloff appears driven by speculative liquidation and farmer cash sales rather than a change in supply, so the broader Black Sea risk premium in canola and soy complex remains intact. Buyers should expect continued volatility in oilseed meal costs.

## Read by commodity

- SBM: neutral
- CANMEAL: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40157388

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