ICE Close: Canola Climbs on Strength in Other Vegoils 

Market news
May 13, 2025


Canola futures posted strong advances on Tuesday, powering higher on the strength in other vegetable oils. 

Chicago soybeans and soybean oil were higher, helping to pull canola up. Reports linked some of the gains in soybean oil to optimism surrounding US biofuel policy. Crude oil, European rapeseed futures and palm oil also climbed. 

July canola jumped $18.70 to $729.30, and November was up $13 at $689.80. 

Source: DePutter Publishing Ltd.

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