ICE canola futures ease on week of slight gains

All figures in Canadian dollars unless noted

WINNIPEG, Manitoba, Feb 21 (Reuters) - ICE canola futures fell slightly on Friday but finished the week marginally higher.

It was a mellow day in a week marked by vegoil markets that struggled to find direction, but rose gently from Monday to Friday. Traders said the markets seemed placid after weeks of tariff-induced excitement.

Most-traded May canola RSK5 settled down 70 cents at $679.70 per metric ton. Other 2024-2025 crop months saw similarly minor changes.

November 2025 RSX5 to March 2026 RSH5 contracts saw gains of $1.80 to $4.20 per ton.

Chicago Board of Trade soyoil futures BOv1 fell 0.94% but ended higher for the week.

Euronext rapeseed futures COMc1 fell 0.52% but were almost flat for the week. Malaysian palm oil futures FCPOc3 rose 0.47%. POI/

Crude oil CLC1 fell sharply Friday, weakening support for vegetable oils, which compete in the energy markets as feedstocks for biodiesel and other biofuels.

The Canadian dollar CAD= fell on U.S. dollar strength and Bank of Canada comments that it could cut interest rates if U.S. tariffs were imposed and hurt the Canadian economy. CAD/