# ICE Canada Morning Comment: Canola declining - Grainews

> Canola futures in Winnipeg continued to pull back on Monday morning under farmer selling and bearish sentiment. Losses in crude oil, Chicago soybeans, soyoil and European rapeseed added pressure.

- Date: 2026-10-19 · published 2026-10-19T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/550-ice-canada-morning-comment-canola-declining-grainews
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Spillover from weaker crude, soyoil and rapeseed markets is weighing on canola, which signals softer canola meal and oilseed values in the near term.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CANMEAL: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/market-update/ice-canada-morning-comment-canola-declining/

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