
ICE November canola fell C$1.80 to C$744.30 per tonne in the week ended June 24 and stayed below its 20- and 50-day moving averages. WTI lost about US$6 per barrel and Chicago soyoil fell as more tankers moved through the Strait of Hormuz.
Canola is tracking crude and soyoil lower, so energy-driven weakness in vegetable oils is pressuring canola values despite expected acreage growth.
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.