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ICE canola futures closed slightly lower, pressured by sharp losses in Chicago soyoil and fund selling, partly offset by steep crude oil gains and limited farmer selling.
Soyoil weakness pulls canola lower, while higher crude oil supports vegetable oil demand for biofuel and could firm oilseed prices.
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.