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Canada's S&P/TSX composite index rose more than 600 points to 36,134.29 and U.S. indexes posted large gains after Democrats took control of Congress in the midterm elections. The December crude contract fell US$4.29 to US$91.80 a barrel while December gold rose to about US$4,057 an ounce.
A sharp drop in crude oil on peace-talk hopes lowers energy and diesel costs for feed and freight, while a firmer equity and risk tone can ease pressure on the Canadian dollar and emerging-market currencies that affect import costs for feed buyers.
bnnbloomberg.caThe Canadian PressNov 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.
