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ICE canola futures and the Canola Board Margin Index closed on July 19, 2019, showing crush margins in both Canadian and US dollars for several contract months. The index was higher than the prior week and month and well above year-ago levels.
Higher crush margins encourage processors to run plants at full capacity, which supports demand for canola seed and the meal it produces.
marketsfarm.comfbcadminb3bnw5Jul 19, 2019Not 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.
