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ICE canola futures fell on Thursday amid broad losses in equity and energy markets, with ample commercial canola supplies and seasonal demand slowdown also weighing. Soybeans and soyoil also declined despite strong weekly US export sales and flash sales to China.
Broad risk-off selling and ample canola supply point to softer canola prices, while strong US soybean export demand provides some offset for soy-complex values.
producer.comPhil Franz-WarkentinDec 20, 2018Not 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.
