Canola Market Starts the New Year Strong

Not enough comparable past events yet for a historical read.

After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.

• Sep 28, 2017The deterioration of the yield supports the sunflower market-0.1%
• Apr 11, 2025Tariffs and weather impact global canola markets | Stock Journal | SA+2.3%
• Dec 31, 2021Oilseeds at the turn of the year 2021-22 market report+3.0%
• Jan 31, 2023The end of the New Year holidays in China activated the market of vegetable oils-3.9%
• Oct 4, 2021Canada’s smallest canola harvest in 13 years forces importers to turn elsewhere - The Globe and Mail+2.4%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Jun 22, 2023Continuing dry conditions in the northern hemisphere strengthen markets | The Land | NSW-4.2%
• Oct 5, 2020Grain Markets Start the Week Higher - ProAg+4.4%
• Mar 11, 2021Northern Ireland Grain Trade Association - TIGHT SUPPLY DRIVES UP FEED AND FERTILISER PRICES+0.4%
• Jul 17, 2023Canada Know-Risk Market Outlook | Dry Conditions Stress Canola+0.4%
• Jun 29, 2022What’s driving the volatile grain market? Grain market daily | AHDB-5.0%