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ICE canola futures fell on profit-taking and losses in European rapeseed, while November new-crop canola rose. Support came from Chicago soyoil and Malaysian palm oil, and the Canadian dollar strengthened to 79.47 US cents.
Canola's decline on profit-taking and a firmer loonie modestly weighs on canola meal values for Canadian feed buyers, though tight supplies keep prices elevated.
ukragroconsult.comJan 12, 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.
