# Late Fall Rally Should Help with Crop Pricing - Farming for Tomorrow

> A grain industry commentator says the 2024 marketing year has been challenging, with short rail strikes, Chinese tariffs on canola, and poor harvest quality after a hot, dry July. Futures were under pressure through August and September on bearish North American production forecasts. He expects a late fall rally to help crop pricing.

- Date: 2024-11-23 · published 2024-11-23T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/27458-late-fall-rally-should-help-with-crop-pricing-farming-for-tomorrow
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Bearish futures and lower quality supply have weighed on prices, but a late-fall rally could lift Canadian grain values for feed buyers. Chinese canola tariffs also pressure canola meal demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bearish ▼

## Sources

- farmingfortomorrow.ca: https://farmingfortomorrow.ca/late-fall-rally-should-help-with-crop-pricing/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.