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The January ICE canola contract remains below most major moving averages, struggling to hold any positive momentum. Spreading accounted for 37,222 contracts traded.
Technical weakness in canola futures signals continued downside pressure on canola meal values.
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.