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Statistics Canada data showed canola stocks at about 6.6 million tonnes as of March 31, a four-year low. Analysts said the figure supports the view that old-crop stocks are tight, though the market may have partly priced it in.
Tight canola stocks support canola meal and oilseed prices into the new crop year.
country-guide.caJade MarkusMay 5, 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.
