# Contact Us – Inside INdiana Business - Canola Futures Surge Amidst Tightening Supplies and Robust Biofuel Demand

> January canola futures rose CAD 7.70 to CAD 655.20 per tonne on November 17, near late-August highs, after a 6.39% monthly gain. The move followed strong gains in Chicago soy complex, which had a record monthly crush and speculation of Chinese soybean purchases.

- Date: 2021-10-07 · published 2021-10-07T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/44552-contact-us-inside-indiana-business-canola-futures-surge-amidst-tightening
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter Southern Hemisphere oilseed supply and biofuel-driven demand support canola, soybean and soyoil prices, which supports feed-protein costs.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- markets.financialcontent.com: https://markets.financialcontent.com/worldnow.insideindianabusiness/article/marketminute-2025-11-17-canola-futures-surge-amidst-tightening-supplies-and-robust-biofuel-demand

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