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ICE canola futures rose modestly late Monday morning, supported by gains in Chicago soybean oil, while steep crude oil losses weighed on other vegetable oils and soybean and meal prices. Traders were positioning ahead of the USDA supply-and-demand estimates, with an analyst expecting higher soybean and corn yield forecasts and few other major surprises.
The advance was mainly spillover from soybean oil rather than a new change in canola supply or demand, while weaker crude oil pressured competing vegetable oils. The report positioning may add volatility, but the article indicates no major surprise was expected.
marketscreener.comDow JonesNov 9, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
