
An analyst expects a burdensome canola carryout in 2025-26 unless China eases tariffs or the US changes biofuel feedstock import rules. He forecasts canola exports of 6.6 million tonnes, down from 9.3 million last year, after a record 21.8 million tonne crop.
Heavy supplies and reduced export outlets point to lower canola prices and more meal and oil pushed into domestic crush, pressuring the complex.
Not enough comparable past events yet for a historical read.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
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.