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ICE canola futures touched fresh three-month lows in choppy trade, with the January contract down C$7.90 to C$780.50 per metric ton. Chart-based selling pushed prices toward a possible move to major support near C$750.
Chicago soybeans, European rapeseed and Malaysian palm oil were also lower on the day.
Broad weakness across oilseeds and vegetable oils points to softer meal and oil values, which lowers feed-ingredient costs for buyers. The harvest wrap-up limits farmer selling pressure, so the decline is driven mainly by technical and spillover selling.
sa.marketscreener.comDow JonesNov 3, 2026
squawknews.comSquawkNews DeskNov 3, 2026Not 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.
