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ICE May canola rose C$24.90 per tonne in the week ended April 9, to C$651.40, its highest since March 7. Analysts said canola is holding within its long-term range despite falling crude oil prices and ongoing US-China trade tensions.
Canola held up against tariff pressure, but weaker crude and possible spillover from US-China soybean disputes are capping gains. Price action remains volatile as trade policy shifts.
farmtario.comAdam PeleshatyApr 9, 2025Not 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.
