ICE canola futures fell on Wednesday, following lower vegetable oils, with the November contract at C$772.00 per tonne, down C$9.00. CBOT soybean oil closed at 65.97 cents per pound, down 0.76 cents, and soybean meal at US$348.30 per short ton, down 0.40.
Weakness in vegetable oils and crude oil pressures canola and soyoil prices, while Canada's slightly lower ending-stock estimate provides only minor support.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.