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ICE canola futures end lower on worries about demand

ReutersOct 10, 2025 9:07 PM

- ICE canola futures ended lower on Friday on worries about demand as the harvest of a large Canadian crop wound down, while declines in allied global vegetable oil markets, including U.S. soy, added pressure, traders said.

  • ICE November canola RSX5 settled down $9.50 at $607.40 per metric ton and January canola RSF6 ended down $8.80 at $622.60 a ton.

  • The November-January spread weakened further as traders continued to roll November positions forward amid worries about rising canola inventories and slow export demand.

  • The November contract RSX5 widened its discount to the January RSF6 contract to $15.20, from $14.50 a day earlier.

  • In Saskatchewan, the canola harvest was 89% complete, the province said in a weekly report. GRO/SAS

  • U.S. soybean futures extended losses and global equity markets slid after U.S. President Donald Trump threatened to impose increased tariffs on China, the world's top soy buyer, and said there was no reason to meet with China's President Xi Jinping in two weeks in South Korea as planned. GRA/

  • Chicago Board of Trade December soyoil BOZ25 settled down 0.97 U.S. cent, or 1.9%, at 49.97 U.S. cents per pound.

  • Euronext November rapeseed futures COMX5 fell 1.11% and Malaysian palm oil futures FCPOc3 ended down 1.02%, anchored by higher-than-expected palm oil stockpiles. POI/

  • The Canadian dollar CAD= rose against its U.S. counterpart on stronger-than-expected domestic jobs data, bouncing from Thursday's dip. CAD/

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