# Follow the canola basis to capture better prices - Dairy Producer

> 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.

- Date: 2024-04-03 · published 2024-04-03T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30831-follow-the-canola-basis-to-capture-better-prices-dairy-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

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.

## Read by commodity

- CANMEAL: neutral

## Sources

- dairyproducer.com: https://www.dairyproducer.com/follow-the-canola-basis-to-capture-better-prices/

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