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Canola futures traded mixed on Thursday, with the November contract settling at C$794.40/t, up 2.00. The Canadian dollar reached a one-month high against the US dollar, and crude oil gave spillover support.
Routine price moves driven by crude oil, the loonie and weather-premium trading have limited supply implications. Canadian export competitiveness is affected only modestly by the currency move.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.