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ICE canola futures extended losses overnight, with the January contract down about C$10.60 per tonne to C$771.20. Crude oil fell more than US$2 per barrel on diplomatic efforts to end the U.S.-Iran war, and December Chicago soyoil dropped to its lowest since late June.
Weaker crude removes support for vegetable oils through biofuel economics, pulling soyoil and canola lower and pressuring the value of oilseed crush co-products.
au.marketscreener.comDow JonesNov 4, 2026Not enough comparable past events yet for a historical read.
Not 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.
