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ICE canola hit yearly lows on October 31, with the January contract closing at C$486 per tonne. A trader said the market could fall further.
Record producer deliveries during harvest and the U.S.-China trade dispute are weighing on oilseeds.
Record harvest deliveries and trade-war pressure keep canola meal and oilseed prices under downward pressure. Selling is expected to slow as harvest finishes, which may limit further losses.
grainews.caGFM Network NewsOct 31, 2018Not 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.
