# Star Wars and grain markets - Manitoba Co-operator

> A Manitoba Co-operator column notes that Chicago soyoil and Canadian canola futures, which usually move together, diverged in April. Speculative short covering in canola propped up the front month, while soyoil was pressured by a spread against soymeal.

- Date: 2023-04-21 · published 2023-04-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/36535-star-wars-and-grain-markets-manitoba-co-operator
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

The divergence squeezes Canadian crush margins, which could reduce canola crush and meal output if it persists. Its effect on prices is uncertain.

## Read by commodity

- SBO: neutral

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/news-opinion/news/star-wars-and-grain-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.