# ICE Canola Shows Independent Strength

> Canola futures on the Intercontinental Exchange continued to rally in mid-Thursday trading, with the January contract at C$775.10 per tonne and the July contract at C$796.80. An analyst said the gain partly reflected catch-up trading after the market was closed on Wednesday for Remembrance Day. Crude oil was higher on geopolitical risk, and the weaker Canadian dollar supported prices.

- Date: 2026-11-12 · published 2026-11-12T18:06:31.529Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/95812-ice-canola-shows-independent-strength
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A firmer Canadian dollar and higher crude are the main supports here, while lower Chicago soyoil and European rapeseed limit the rally. For feed buyers, the move mostly reflects holiday catch-up and currency effects rather than new supply news.

## Sources

- ae.marketscreener.com: https://ae.marketscreener.com/news/ice-canola-shows-independent-strength-ce785ed8d18ff727

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