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ICE canola futures face volatility from Canada-US trade talks, a looming Statistics Canada production report, and Canadian dollar swings. Trade guesses for Canadian canola output ranged from 18.1 to 21.3 million tonnes, and analysts see record US soybean harvest prospects limiting upside.
Uncertainty over the StatsCan estimate and a potentially record US soybean crop point to a capped canola outlook, with currency moves adding volatility for feed buyers.
grainews.caGFM Network NewsAug 29, 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.
