# Canola markets turn slightly higher

> Canola markets rebounded over the past two weeks, according to the Northern Canola Growers Association, with some early planting in the region. Attention is on US Commerce Department hearings starting May 8 on anti-dumping complaints against Argentine and Indonesian biodiesel imports, which could boost domestic vegetable oil use for biofuel.

- Date: 2017-05-01 · published 2017-05-01T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/71115-canola-markets-turn-slightly-higher
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A favorable anti-dumping ruling could restrict biodiesel imports and lift domestic soybean and canola oil demand, supporting oilseed meal and oil prices.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-07-02 | [Canada Know-Risk Market Outlook \| Canola Higher on Weather and Soybean Oil](https://feedsoft.ai/events/23872-canada-know-risk-market-outlook-canola-higher-on-weather-and-soybean-oil.md) | +1.1% | +2.9% |
| SBO | 2017-02-28 | [Crop markets charge higher on last day of the month](https://feedsoft.ai/events/7823-crop-markets-charge-higher-on-last-day-of-the-month.md) | +5.2% | -0.2% |
| SBO | 2017-03-02 | [Canola's rally pushes cash prices higher - Grainews](https://feedsoft.ai/events/72117-canola-s-rally-pushes-cash-prices-higher-grainews.md) | -3.5% | -6.6% |
| SBO | 2017-04-17 | [Sunflower Highlights](https://feedsoft.ai/events/71618-sunflower-highlights.md) | +2.4% | +4.6% |
| SBO | 2023-12-20 | [Malaysian palm settles higher for fifth straight session - Markets - Business Recorder](https://feedsoft.ai/events/32801-malaysian-palm-settles-higher-for-fifth-straight-session-markets-business.md) | -2.1% | -3.7% |

## Sources

- ravallirepublic.com: https://ravallirepublic.com/agriculture/article_066fa3cf-87e1-5797-83f5-126d77cca5fd.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.