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EU canola imports more than doubled year over year through mid-March, offsetting nearly half of the Canadian tonnage that would have gone to China. LeftField says lower fuel prices could cut EU biodiesel demand for rapeseed, though feedstock economics may limit downside.
Strong EU import demand supports canola export prices, while weaker biodiesel demand from falling fuel prices is a bearish offset.
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.