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Alberta's canola harvest was delayed by heavy snow, with only 71 per cent harvested as of October 29 and as low as 54 per cent in some regions. A northwest Alberta county declared an agricultural disaster.
Farmers also face China's continued block on Canadian canola imports.
Large unharvested acreage cuts available canola supply and supports meal prices, though the China import block limits how far the shortfall can lift export-driven demand.
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.