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Canola futures fell to a four-month low after funds sold heavily, with weakness across other vegetable-oil markets adding pressure. Saskatchewan’s final report estimated canola yields at 38.3 bushels per acre, below Statistics Canada’s cited estimate of 41.9 and last year’s 45.2; Statistics Canada is due to update its estimates in early December.
If the Saskatchewan estimate signals a smaller crop than the market expects, tighter Canadian supplies could support prices. For now, speculative selling and weakness in competing oils are weighing on canola futures.
johnstonsgrain.comGarrett ForsterNov 9, 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.
