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ICE canola futures edged higher on July 23, 2019, in light volume, with the most-active November contract up 50 cents to C$447.50 per tonne. The Canadian dollar weakened to near a one-month low against the US dollar.
A softer Canadian dollar makes canola more competitive in export markets, but thin trading volume suggests limited conviction in the price move.
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.