ICE canola futures fall on vegoils weakness

ReutersSep 3, 2025 7:42 PM

WINNIPEG, Manitoba, Sept 3 (Reuters) - ICE canola futures fell on Wednesday despite a pledge by the Canadian prime minister to get involved in discussions with China about that country's canola import duties.

• November canola RSX5 settled down $13.40 at $616.90 per metric ton. January RSF6 fell $13.90 to $628.40.

• Canadian Prime Minister Mark Carney told reporters in Toronto that he will personally engage in discussions with China about its 75.8% anti-dumping tariffs imposed on Canadian canola imports. Along with senior government ministers, "I will be engaged to work to find a solution for our agricultural relationship," Carney said.

• Chicago Board of Trade soyoil futures BOv1 fell 1.56% on weakness in other vegoil markets and growing worries about China's lack of demand for U.S. soybeans. China has been buying soybean from numerous other suppliers and traders believe it has its nearby needs covered.

• Euronext August rapeseed futures COMc1 fell 0.96%.

• Malaysian palm oil futures FCPOc3 fell 0.6% on weaker crude oil futures CLc1 and general vegoil weakness. POI/

• The Canadian dollar CAD= fell. CAD/

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