Canola futures ended mixed Thursday, with the nearby contract a bit higher, but new-crop November lower.
Chicago soybean oil was lower on the day, while soybeans managed just a mixed close, putting some pressure on canola. The Canadian dollar was also higher today, after hitting a 2-week high against the American currency earlier this week. A strong loonie is negative for canola prices, as it makes Canadian canola more expensive for foreign buyers.
European rapeseed was lower while palm oil was mixed.
March canola was up 70 cents at $647.20, and November 2026 was down $3 at $656.20.
