ICE Futures Canada canola closed the final trading session of 2025 on December 30 with prices under modest pressure as thin holiday volumes and year-end positioning continued to dominate trade. The nearby March canola contract settled around the low $600s per tonne, easing on the day as limited buying interest met steady commercial hedging. With many market participants already sidelined for the holidays, price discovery remained muted, and intraday movement was largely technical rather than fundamentally driven.
From an analytical standpoint, the year-end close reflects a market still searching for conviction. While near-term demand signals remain subdued, canola has shown an ability to hold above recent lows, suggesting downside momentum may be slowing. As trading activity normalizes in early January, attention is likely to return to export pace, competing oilseed values, currency direction, and biofuel policy clarity. For now, the December 30 close appears more like a pause than a decisive signal, setting the stage for fresh direction once liquidity returns in the new year.
