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New-crop canola on ICE closed lower on Friday, pulled down by losses in related oils despite a soyoil gain. Crude oil fell nearly US$3 per barrel after easing U.S.-Iran supply and geopolitical concerns, even though a vessel was attacked off Oman.
Canadian exports for the week ended June 21 dropped sharply from the prior week.
Lower crude reduces the energy-linked bid for vegetable oils and pressures canola settlements. Weak weekly export shipments add to the bearish tone heading into the acreage report.
producer.comJun 26, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
