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ICE Futures Canada canola contracts closed lower on Wednesday, with the March 2018 contract down $1.10 to $495.00/mt and most other months down $0.70 to $1.20. The closing table covers contracts through March 2020.
Lower canola futures reduce the cost of canola meal and seed for Canadian feed buyers, though the move is a routine daily close with no new fundamental driver.
financialpost.comThe Canadian PressJan 24, 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.
