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ICE canola futures closed higher on July 24, 2019, with November contracts up $2.70 to C$450.20 per tonne after a second heat wave hit northern Europe. Soybean futures also gained on US crop weather and hopes for revived US-China trade talks.
Heat stress on European rapeseed could reduce EU supply and lift demand for Canadian canola exports, supporting canola meal and seed prices.
ca.investing.comJul 24, 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.
