Canola futures rebounded from small losses a day earlier with gains on Friday.
Advances in Chicago soybeans and soyoil were supportive, as was a weaker Canadian dollar.
Export demand was a positive, with canola shipments for the week ending March 10 reported by the Canadian Grain Commission at 239,500 tonnes, way up from just over 78,000 the previous week. However, year to date canola exports for the 2024-25 marketing year remain 33% behind last year and 36% below the five-year average.
May canola gained $7.40 to $630.60, July added $6.80 to $640.10, and November was up $5.80 at $647.40.
