Laden…
Canola futures rallied more than $18 over two days after the Renewable Fuels Association said President Trump would issue an executive order changing the national biofuels program and shifting the point of obligation. A White House representative denied those claims.
Cash prices firmed, but analysts described the rally as short-lived.
A biofuels policy shift toward blending obligations would support demand for vegetable oils used in biodiesel, lifting oilseed values. The denial and the lack of follow-through leave the support uncertain, so the price effect is likely temporary.
grainews.caGFM Network News2 mrt 2017Na 842 eerdere opwaarts beleid-gebeurtenissen bewoog Sojaolie zich mediaan +0,2% over 5 sessies (52% hoger; middelste helft -1,6% tot +2,1%), en -0,5% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
