# ICE Morning Commentary: ICE Canola Dips, Exits Weekend

> ICE canola futures edged lower before Monday’s session, with European rapeseed and Malaysian palm oil weakness weighing on the market. Crude oil fell about $4 per barrel amid reports of progress toward U.S.-Iran peace talks; nearly 12,700 canola contracts traded.

- Date: 2026-11-09 · published 2026-11-09T15:07:56.487Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/89638-ice-morning-commentary-ice-canola-dips-exits-weekend
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Weakness in competing vegetable oils can pressure canola through substitution and broader oilseed-market sentiment. This was a small move, so the direct price implication for feed ingredients is limited.

## Sources

- au.marketscreener.com: https://au.marketscreener.com/news/ice-morning-commentary-ice-canola-dips-exits-weekend-ce785fd3dc8cff2c

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