Loading…
An Alberta government analyst explains how canola producers can use basis, the difference between cash bids and May futures, to judge market conditions and pricing opportunities. Example bids in late March ranged from a $4 over basis to a $16 under basis for May delivery.
Basis levels show how aggressively buyers want canola, so tracking them helps farmers time sales. This is routine pricing education with no new supply or demand shock.
dairyproducer.comTanya EadieApr 3, 2024Not 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.
