# ICE Canola Continuing to Build on Gains

> ICE canola futures climbed in overnight trade on Friday as crude oil rose after U.S.-Iran peace talks stalled, lifting the Chicago soy complex, European rapeseed and Malaysian palm oil as well. Canola prices in Canadian dollars were up about 5 to 6 per tonne across the Jan to May contracts, with roughly 15,750 contracts traded by mid-morning.

- Date: 2026-11-13 · published 2026-11-13T15:06:48.402Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/97942-ice-canola-continuing-to-build-on-gains
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Energy-driven strength spilling into vegetable oils tends to support meal and oil values, while traders now watch Statistics Canada's Dec. 4 canola estimate, which a broker expects to come in below September's 22.05 million tonnes.

## Read by commodity

- SBO: bullish ▲
- BRENT: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Sources

- hk.marketscreener.com: https://hk.marketscreener.com/news/ice-canola-continuing-to-build-on-gains-ce785ed9d18dff2d

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