ICE canola futures fell on May 25 on sharp crude oil losses, with the US closed for Memorial Day. The July contract dropped C$14 to C$736.20, and crush margins remain near record highs.
Weaker crude and seasonal highs weigh on canola values, though strong crush margins support demand for meal.
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.
Confirms sharp crude losses on May 25 (first session of the window) that fed through to canola, corroborating the size of the early-window decline.