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ICE canola futures settled lower across all contract months for the week ending Nov. 10, with the November 2026 contract down $9.90 on the week.
Southern Alberta spot cash bids slipped to $727.99 a tonne. Managed money net long positions in ICE canola fell to 33,530 contracts as of Nov.
3, down from 49,785 on Oct. 27.
Lower futures and a sharp cut in speculative net longs point to weaker canola price pressure, which feeds into canola meal costs for feed buyers. The fund liquidation could extend the downside if buying interest does not return.
palliserpost.newsPalliser Post StaffNov 12, 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.
