Canola Futures Edge Lower Across the Board

Market news
July 31, 2025
Canola futures posted modest declines across all active contracts, with the downward pressure most noticeable in the deferred months. The November 2025 contract slipped by $1.20 to settle at $695.40 per tonne, while January 2026 dropped $1.60 to close at $705.90. Losses deepened further out the curve, with March, May, and July 2026 contracts falling by $2.30, $3.00, and $3.30 respectively. The July contract now stands at $721.20 per tonne. The November 2026 contract also saw a notable $2.50 drop, closing at $683.80. The overall tone in the market suggests some cautious selling, likely influenced by seasonal harvest pressure and softening demand signals. While the losses were not dramatic, the consistent red across the curve points to a lack of bullish momentum. Traders may also be adjusting positions ahead of new supply updates and developments in global oilseed markets.

Source: DePutter Publishing Ltd.

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