July canola is up $2.30/mt with November canola up $2.00/mt, July soybean oil is up .48 cents/pound, August European rapeseed is down 1.25 euro per mt and July Malaysian palm oil is down .17%. July oats are down 1 cent/bushel. June crude oil is down $2.06 per barrel, June ULSD is down $.0260 per gallon, and the June Canadian dollar is up .00420 at .73630. The June U.S. Dollar Index is down .842 at 97.985 and the May Brazilian real is up .00060 at 0.20015.

Oilseed markets are putting on a display of resilience in early trade, shaking off profit-taking pressure that began overnight with soybean oil leading the way higher again. That has helped canola fully recover from early losses, turning higher as midday approached even with a strong Canadian dollar and lower energy markets. Soybeans have just returned to the positive side of Wednesday's close while corn and wheat are retaining their overnight losses.

Crude oil has been relatively volatile yet staying within a $2.50/barrel range throughout most of the morning amid a lack of news (public at least). All indications suggest an escalation may be seen soon with the status quo the alternative, both bullish for energy prices. Yet month end profit-taking is likely offsetting any buying interest.

In outside markets, stocks and bonds are both holding onto gains during the last trading day of April. The U.S. dollar on the other hand has seen selling pressure intensify as efforts to support the Japanese yen continue.

(c) Copyright 2026 DTN, LLC. All rights reserved.