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A Bayer Crop Science Canada article quotes market analyst Bruce Burnett on volatility in canola and wheat markets. He cites US biofuel policy, high grain stocks, tariffs and high fertilizer costs as drivers.
He advises Canadian farmers to act quickly on marketing opportunities.
The commentary highlights that US biofuel policy is a major source of vegetable oil price swings, which affects canola meal and oil values. It offers no new price-moving event.
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.