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Canola futures have recently hit new highs on tight supplies and steady demand, despite trade tensions. StatsCan data shows farmers delivered nearly 2 million tonnes in April, leaving 1.9 million tonnes on-farm at the end of May, and crushers are still offering premiums.
Tight on-farm stocks and strong crush margins support canola prices into the summer, although China's tariffs on oil and meal cap export demand.
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.