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Canola futures fell to their lowest level in six months as non-commercial traders kept selling. Prices neared chart support around $480 to $483 per tonne.
Spreads eroded, with the May/July spread weakening.
Routine price commentary describing a decline in canola futures with no new cause, though weak prices reduce the cost of canola meal for feed buyers.
dtnpf.comCliff JamiesonDec 28, 2017Not 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.
