Canola rose to 738.34 CAD/T on March 11, 2026, up 2.53% from the previous day. Over the past month, Canola's price has risen 8.71%, and is up 32.01% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Historically, Canola reached an all time high of 1226 in May of 2022. Canola - data, forecasts, historical chart - was last updated on March 11 of 2026.

Canola is expected to trade at 734.07 CAD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 783.34 in 12 months time.



Price Day Month Year Date
Soybeans 1,200.51 13.26 1.12% 5.56% 19.99% Mar/11
Wheat 585.94 1.19 0.20% 6.05% 5.77% Mar/11
Lumber 563.54 0.54 0.10% -5.45% -12.98% Mar/11
Cheese 1.58 -0.0078 -0.49% 0.27% -10.75% Mar/11
Palm Oil 4,408.00 -20.00 -0.45% 8.57% -1.78% Mar/10
Milk 16.16 -0.06 -0.37% 7.30% -13.02% Mar/11
Cocoa 3,428.79 -18.21 -0.53% -7.93% -58.21% Mar/11
Cotton 65.18 -0.118 -0.18% 1.33% -2.71% Mar/11
Rubber 199.20 2.00 1.01% 3.27% 0.96% Mar/11
Orange Juice 197.30 6.80 3.57% 20.34% -28.63% Mar/11
Coffee 286.73 -9.07 -3.07% -3.60% -26.64% Mar/11
Oat 332.88 -11.8716 -3.44% 7.73% -9.61% Mar/11
Wool 1,767.00 0 0% 5.37% 44.24% Mar/11
Rice 10.94 0.0265 0.24% -2.31% -20.94% Mar/11
Canola 737.43 17.33 2.41% 8.57% 31.85% Mar/11
Sugar 14.22 -0.16 -1.11% 5.49% -24.60% Mar/11
Corn 443.73 7.4794 1.71% 2.89% -3.69% Mar/11


Canola
Canola refers to edible oil which recently is also used to produce biodiesel. The biggest producers of canola seeds are: the European Union, Canada, China, India, and Australia. Canola futures are mostly traded on ICE Futures Canada. Canola prices displayed in Trading Economics are based on over-the-counter (OTC) and contract-for-difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
738.34 720.10 1226.00 200.00 1980 - 2026 CAD/MT Daily

News Stream
Canola Futures Up to 7-Month Highs
Canola futures traded above CAD 690 per tonne, near the highest level since July 2025, amid stronger demand and elevated prices of soy oil. China announced that will drop main tariffs on Canadian canola, following an agreement made between The Canadian and Chinese governments during Prime Minister Mark Carney’s January visit. Canada expects China to lower tariffs on Canadian canola seed to 15% by March 1, a significant drop from the current tariff of 84%, though the final rate remains uncertain. Traders in China had already begun booking cargoes ahead of the change. In the meantime, Canadian biofuel rules and the proposed 45Z clean fuel tax credit favor North American feedstocks, boosting canola oil demand, while the India trade deal is shifting vegetable oil exports toward Canada. As a result of these developments, supply prospects for Canadian farmers have improved at a time when exportable supplies from Australia are tightening.
2026-02-27
Canola Hits 29-week High
Canola increased to 693.50 CAD/T, the highest since August 2025. Over the past 4 weeks, Canola gained 7.16%, and in the last 12 months, it increased 7.95%.
2026-02-26
Canola Tests 6-Month Highs
Canola futures climbed past CAD 690 per tonne, reaching six month highs, amid policy driven demand and tightening supply expectations. On the demand side, proposed 45Z clean fuel tax credit rules and Canadian biofuel regulations increasingly favour North American feedstocks, reinforcing demand for canola oil, while the trade agreement with India and indications of extended Chinese purchases have redirected vegetable oil flows toward Canadian exports. The USDA also lifted global oilseed trade projections, including an additional 400,000 metric tons of Canadian canola bound for China, and signalled firmer soybean oil exports, further underpinning the oilseed complex. On the supply side, although December stocks in Canada were higher year over year, exportable supplies from Australia are easing and acreage growth in Canada is expected to be limited, while AAFC projects 2026 to 2027 ending stocks to fall by nearly 1 million metric tons.
2026-02-18