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ICE canola board crush margins were listed for multiple contract months on February 14, 2020, with the March 2020 contract at C$88.98 and the May 2020 contract at C$87.72. Margins were lower than a month earlier and well above year-ago levels.
Crush margins reflect the relative value of canola oil and meal against seed; softer margins can slow crushing and reduce meal output, a modest support for canola meal prices.
marketsfarm.comGlen HallickFeb 14, 2020Not 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.
