Trade discussions between Canada and the United States as well as dry weather have driven canola’s rally on the Intercontinental Exchange during the week ended July 2, 2025.
1.
Multiple factors driving canola’s rally
Soyoil has been weaker than expected, pressuring canola, analyst says
The U.S. crush topped 200 million bushels in October for the first time ever
Most-active K.C. wheat reaches July 2021 low
Canola seen as 'fairly cheap' but not attracting interest
'Aggressive manipulation' seen as a factor
Crushing pace remains aggressive