# Canola prices continue to rally

> ICE March canola futures traded near C$718 per tonne as the market showed signs of a short squeeze, according to an analyst. Prices have been rallying in late January.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/49253-canola-prices-continue-to-rally
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A short squeeze can drive rapid price gains in canola and canola meal, raising feed costs for buyers. The move adds to already tight Canadian supplies.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- producer.com: https://www.producer.com/news/canola-prices-continue-to-rally/

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