WINNIPEG, Manitoba--Intercontinental Exchange canola futures closed weaker on Monday, as the oilseed continued to contend with ample supplies.

A trader stressed the need for China to get back into Canada's export market, stating Ottawa and Beijing need to resolve their trade differences.

Declines in most vegetable oils added more pressure on canola.

There were losses in Chicago soybeans and soymeal, while soyoil nudged up a little. Malaysian palm oil was lower and MATIF rapeseed found some traction to end the day steady to higher.

Strength in crude oil limited the downside in the veg oils.

Statistics Canada reported the November crush of 1.02 million tonnes of canola was virtually unchanged from the previous November. StatCan said November canola deliveries of 1.62 million tonnes were up 11.1 percent from a year ago.

The Canadian dollar eased back on Monday afternoon with the loonie slipping to 73.06 U.S. cents, compared to Wednesday's close of 73.13.

There were 31,537 contracts traded on Monday, compared to 38,931 on Wednesday. Spreading accounted for 13,383 contracts traded.

Prices are in Canadian dollars per metric tonne: 


 
           Price      Change 
Jan       589.60     dn 9.00 
Mar       602.90     dn 8.60 
May       613.90     dn 8.20 
Jul       622.20     dn 8.40

Spread trade prices are in Canadian dollars and the volume represents the number of spreads: 


 
Months    Prices                            Volume 
Jan/Mar   7.30 under to 13.40 under          1,963 
Jan/May   22.00 under to 23.40 under            43 
Mar/May   9.70 under to 11.10 under          3,032 
Mar/Jul   17.50 under to 19.30 under           178 
May/Jul   7.70 under to 8.50 under           1,215 
May/Nov   10.20 under to 11.90 under             7 
May/Jan   16.20 under to 16.20 under             1 
Jul/Nov   2.30 under to 3.90 under             478 
Nov/Jan   6.00 under to 6.30 under               2

Source: Commodity News Service Canada, news@marketsfarm.com


(END) Dow Jones Newswires

12-29-25 1512ET