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Canola markets have been volatile but have found price support, according to analyst David Derwin of Ventum Financial. Renewable fuel demand, diesel prices and upcoming harvest yields are the main factors being watched.
Demand from renewable fuels and higher diesel prices supports canola values, while harvest yield results will determine whether that support holds.
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.