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ICE canola futures rise with soybeans, ignore soyoil

ReutersOct 30, 2025 7:42 PM

- ICE canola futures continued to follow Chicago soybeans higher on Thursday, as details of the U.S.-China trade deal became clearer.

• January canola RSF6 settled up $7.20 at $648.50 per metric ton.

• Canola futures usually follow closely the Chicago soyoil contract BOv1, but in recent days have more reflected action in the soybeans Sv1 market. Soybeans rose to a 15-month high on Thursday, while soyoil fell 1.02%.

• The U.S.-China deal is reported to be for tens of millions of tons of American soybeans in coming years.

• Euronext August rapeseed futures COMc1 fell 1.09%.

• Malaysian palm oil futures FCPOc3 rose 0.19%. POI/

• The Canadian dollar CAD= and crude oil CLc1 fell. CAD/

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