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ICE canola futures started 2022 firmly, with analysts saying prices remain strong despite looking expensive. Canola oil is trading at record premiums to soyoil, and crushers are keeping supplies well bid.
Strong canola prices driven by tight supply and crusher demand support canola meal values and raise input costs for Canadian feed buyers.
Not 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.