Loading…

CBC reports Canadian canola growers expect one of the country's biggest harvests, with a record 23.4 million acres planted. Canola prices are up about 30% from last year, and growing biofuel demand is supporting the market.
A large harvest adds supply pressure, but strong biofuel demand and higher prices support the canola complex for feed buyers.
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.