WINNIPEG, Manitoba–Canola prices on the Intercontinental Exchange weakened on Monday in what an analyst called a “macro selloff” hit the markets, especially in crude oil.
Crude oil fell by more than US$3 per barrel as tensions eased between the United States and Iran. Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mixed.
At mid-afternoon, the loonie was pressured by crude oil and a stronger U.S. dollar, losing seven-tenths of a U.S. cent compared to Friday’s close.
There were 40,113 canola contracts traded on Monday, compared to Friday when 53,441 contracts changed hands.
Settlement prices are in Canadian dollars per metric tonne.
Price Change
Mar 645.00 dn 3.00
May 656.40 dn 2.80
Jul 664.90 dn 1.70
Nov 656.90 dn 0.40
Spread trade prices are in Canadian dollars:
Months Prices Volume Mar/May 10.90 under to 11.40 under 11,072 Mar/Jul 17.70 under to 19.90 under 219 Mar/Nov 8.80 under to 12.50 under 172 May/Jul 6.60 under to 8.70 under 6,145 May/Nov 1.60 over to 0.80 under 15 May/Jan 6.30 under to 8.20 under 4 Jul/Nov 9.50 over to 7.00 over 3,923 Nov/Jan 7.60 under to 8.00 under 69 Jan/Mar 5.70 under 31
Source: Commodity News Service Canada, news@marketsfarm.com
(END) Dow Jones Newswires
February 02, 2026 15:30 ET (20:30 GMT)
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