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ICE canola futures rise after recent losses

ReutersSep 23, 2025 7:14 PM

- ICE canola futures on Tuesday broke out a nearby trend of consecutive losses.

• November canola RSX5 settled up $7.20 at $617.60 per metric ton. January RSF6 rose $7.80 to $631.10.

• Tuesday saw canola futures snap a four-session slide, in which canola fell from about $640 to under $610 at one point. However, the day's rise still leaves canola more than $20 per ton below where the slide began on September 17.

Dry weather on the eastern prairies is allowing farmers to get back to full-time harvesting, which has been much-interrupted by rain. Cereal grain crops are seeing some degradation from the moisture, while farmers worry they are losing canola seeds in the field.

• Chicago Board of Trade soyoil futures BOv1 rose 0.38%.

• Euronext rapeseed futures COMc1 rose 0.27%.

• Malaysian palm oil futures FCPOc3 fell 2.25% as Argentina soyoil became cheaper than Asian palm oil after the country temporarily scrapped its export tax. POI/

• The Canadian dollar CAD= weakened. CAD/

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