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Canola prices fell under pressure from late-season crop supplies and higher production estimates for corn and soybeans. Lower soybean oil prices also weighed on canola oil, while the canola harvest has been completed and growers are assessing this year's crop.
Harvest availability and stronger competing crop supply increase pressure on canola prices, while weaker soybean oil lowers the value of a competing vegetable oil. This points to softer canola and canola-oil prices.
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.