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ICE canola futures fell amidst soyoil weakness, China worries

ReutersSep 9, 2025 7:57 PM

- ICE canola futures fell along with Chicago soyoil, as a canola stocks report did little to change supply and demand expectations.

• November canola RSX5 settled down $7.60 at $619.70 per metric ton. January fell $6.60 to $632.

• Statistics Canada published its Canadian crops stocks report, finding 1.6 million tons of canola within Canada as of July 31, which is half of that of 2024 at that time. All-wheat stocks were at 4.1 million tons, down 22.1% from 2024.

• The canola stocks number is close to the estimate of a number of analysts surveyed by Reuters. The wheat number is in-line with analyst expectations.

• Little has been heard from a Canadian political mission to China organized to reduce trade tensions with the number one market for Canadian canola seed. Canada's agriculture minister, Heath MacDonald, said on Tuesday that trade discussions with China won't be a simple matter.

• Chicago Board of Trade soyoil futures BOv1 fell 1.92%.

• Euronext rapeseed futures COMc1 rose 0.98%.

• Malaysian palm oil futures FCPOc3 fell 0.13%. POI/

• The Canadian dollar CAD= weakened. CAD/

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