Loading…
ICE canola futures rose on January 27 but lagged European rapeseed gains as the market viewed canola as overpriced. March canola gained to C$1,007.10 per tonne as US soybeans hit a seven-month high on concern about a smaller South American crop.
Canola is tracking soybean strength tied to South American supply worries, which supports canola meal and oil values for feed buyers.
brecorder.comReutersJan 29, 2022Not 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.
