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ICE canola futures closed slightly lower on Friday after recovering from their session lows, with early weakness in Chicago soybean oil contributing to selling pressure. Canadian deliveries and exports were higher than a year earlier, while a weaker Canadian dollar provided support to the market.
Higher deliveries and exports indicate active Canadian supply flows, while the weaker currency makes exports more competitive and supports crush margins; the session's price impact was modest.
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.