<div id="readability-page-1"><div> WINNIPEG, Manitoba--ICE canola futures were weaker Monday morning, taking back some of Friday's gains. Chart-based positioning was a feature, with speculators liquidating some of their large net long positions. Chicago soyoil was narrowly mixed, although the bias was turning lower in the most active contracts. European rapeseed futures were firmer in early activity, while Malaysian palm oil held near unchanged. Crude oil was underpinned by ongoing uncertainty over the war in the Middle East after U.S. President Trump dismissed Iran's latest peace proposal over the weekend. Weather forecasts look relatively favorable for spring seeding across much of Western Canada. While rains in some areas may cause delays, the moisture should be welcomed overall. About 15,200 canola contracts had traded as of 9:57 a.m. EDT. <pre></pre> Prices in Canadian dollars per metric tonne at 9:57 a.m. EDT: <pre> Price Change Jul 745.30 dn 7.80 Nov 751.00 dn 6.90 Jan 758.60 dn 6.80 Mar 763.60 dn 6.90 </pre> Source: Commodity News Service Canada, news@marketsfarm.com <pre></pre> (END) Dow Jones Newswires May 11, 2026 10:21 ET (14:21 GMT)Copyright (c) 2026 Dow Jones &amp; Company, Inc.</div></div>

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ICE canola futures were weaker in early trading on Monday, reversing some of Friday's gains due to speculators liquidating large net long positions. Chicago soyoil showed mixed results, while European rapeseed futures were firmer. Crude oil prices remained stable amid geopolitical uncertainties. Weather forecasts for Western Canada appear favorable for spring seeding, despite potential rain delays. As of 9:57 a.m. EDT, about 15,200 canola contracts had traded, with prices showing declines across various contract months.

ICE Canola Weaker in Early Trading