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Canola and rapeseed quotes weakened on global exchanges in the latest week, with most oilseed contracts lower while Matif rapeseed rose 2.5%. Analysts expect canola prices to face pressure from weaker Chinese oil and meal demand after the Spring Festival and from rising soybean supply.
Softer Chinese demand for canola products and more soybean supply weigh on canola complex prices, which can spill over into meal values used in feed.
tridge.comNur HameedFeb 28, 2023Not 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.
