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A Canada West Foundation feature traces the history of canola from its development in the 1970s to its current role as a major oilseed crop. It notes growing demand for canola oil in renewable fuel and rapid growth in Prairie crushing capacity.
Background on expanding crush capacity and biofuel-driven oil demand gives context for canola meal supply growth, but it reports no new market-moving event.
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.