# ICE review: Canola mixed Monday

> ICE January canola closed C$0.40 higher at C$788.10 per tonne after a volatile session. Losses in Chicago soybean products, European rapeseed and Malaysian palm oil, tied to heavy crude losses, were offset by bargain buying and slower farmer selling as the Prairie harvest wrapped up. Speculative funds cut their net long position to its smallest in about three and a half months.

- Date: 2026-11-02 · published 2026-11-02T21:31:06.016Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/76235-ice-review-canola-mixed-monday
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Canola is tracking crude and the wider vegetable oil complex, so energy moves feed into oilseed prices. Shrinking fund longs and a slowing harvest suggest less near-term selling pressure, though the outlook still depends on energy.

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/market-update/ice-review-canola-mixed-monday/

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