The Canadian Grain Commission reported canola exports rose slightly to 238,000 tonnes and domestic use dipped to 196,300 tonnes in the week ended Oct. 25.
Comparable vegetable oils lifted canola prices in midday trading.
Steady export and crush-related domestic use provide balanced demand, while firmer vegetable oil prices support canola meal values for feed buyers.
Not enough comparable past events yet for a historical read.
After 296 past bullish report events, SBO moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 149 past bullish report events, PALMOIL moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% 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.