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ICE Futures canola fell to a four-month low on Thursday as speculative long liquidation continued. January canola declined C$15.10 to C$753.20 per metric ton, moving below its 200-day moving average near C$766.
Long liquidation added selling pressure without a new underlying supply or demand development. The reported price move is bearish for canola-related markets, though its direct feed-ingredient effect is limited.
squawknews.comSquawkNews DeskNov 5, 2026Not 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.
