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ICE canola futures slipped for a fourth straight session on April 14, with most-active July canola down C$5 to C$736.30 per tonne. Weaker oilseed markets weighed on prices, and trend-following funds held short July positions.
Euronext August rapeseed also slipped.
Continued fund short positioning and weaker European oilseed prices suggest near-term pressure on Canadian canola and related feed meal values.
brecorder.comReutersApr 15, 2023Not 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.
