Canola futures ended a bit lower on Friday, sliding with losses in Chicago soybean oil and strength in the Canadian dollar.
Palm oil also suffered losses on the day, although European rapeseed managed gains.
A Statistics Canada grain stocks report Friday pegged total nationwide canola stocks as of Dec. 31 at 15.623 million tonnes, slightly below the average trade guess of 15.75 million but still up more than 18% from a year earlier and the largest Dec. 1 stocks level since 2019 at 16.212 million.
March canola dropped $2.20 to $660.80, and November lost $3.60 to $668.60.
