Canola futures continued to trend lower on Tuesday, with the March contract hitting its lowest since last spring.
Declines in crude oil – amid ongoing discussions in Europe aimed at finally ending the nearly four-year-old Russia-Ukraine war – pressured canola, with other vegetable oils also ending lower. As can be seen on the March futures chart below, canola has now dropped to its lowest since March.
March canola fell $4 to $611.40, and November 2026 was $2.60 lower at $632.
March canola: source - Barchart
