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ICE canola futures fell for a second straight day on April 29, 2025, with July down C$9.40 to 687.00 per tonne, while soyoil, soybeans, rapeseed and palm oil also declined. StatCan reported Canada's March canola crush at 1.02 MMT, up 16% from February and 6.5% from March 2024.
Concerns over a potential trade war and weaker crude pressured oilseed complex prices, and strong crush data supports demand for canola meal, though broader sentiment remains bearish.
marketsfarm.comMike JubinvilleApr 30, 2025marketsfarm.comMike JubinvilleApr 29, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
