# Canola crush margins continue downward slide | Farmtario

> Canola crush margins on ICE Futures Canada fell to about $86 over the March contract, their lowest level in 10 months, down from roughly $126 a month earlier. Palm oil prices hit three-month lows on rising output reports, and Chicago soyoil reached four-month lows. Canola futures fell less, supported by tightening supplies and chart signals.

- Date: 2017-02-17 · published 2017-02-17T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/72600-canola-crush-margins-continue-downward-slide-farmtario
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Lower crush margins reduce the incentive to crush canola, which can cut meal output and weigh on meal prices, while weaker vegetable oil values pressure oil prices.

## Read by commodity

- SBO: bearish ▼
- CANMEAL: bearish ▼
- PALMOIL: bearish ▼

## Sources

- farmtario.com: https://farmtario.com/daily/canola-crush-margins-continue-downward-slide/

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