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Canola futures on ICE rallied midday Friday, with January contracts trading around C$782 per tonne, up C$5.10. Gains in Chicago soyoil and palm oil supported the oilseed, and the Canadian Grain Commission reported weekly canola exports of 308,500 tonnes.
Stronger vegetable oil prices and firm export demand lift canola meal and oil values, which tightens the feed-protein supply for buyers. The move is a routine intraday gain with no new supply shock.
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.