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Canadian crushers are bidding above canola futures, with Louis Dreyfus offering C$816.20 per tonne for early August delivery, C$25 over November futures. Analysts say on-farm canola supplies are minimal after a record 2025 crop was largely marketed.
Positive basis in midsummer signals very tight old-crop canola supply and strong crush demand. This supports canola prices and firm canola meal values.
producer.comRobert ArnasonJul 27, 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.
