Canola futures were stronger on Wednesday, as chart-based positioning, spillover from outside markets, and optimism over increased export business to China all provided support. Soybean, corn and wheat futures in the U.S. were also up on the day. Here’s Phil Franz-Warkentin of the Western Producer Markets Desk with your Jan. 28 closing grain and oilseed market update.
Closing market update: Canola, U.S. futures rise | Jan. 28, 2026
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