# Grain market relativity - Manitoba Co-operator

> Manitoba Co-operator's market column explains how inter-month futures spreads signal demand. The November/January canola spread widened sharply in mid-October, moving from a $4/tonne carrying charge on Oct. 16 to $13 two days later.

- Date: 2023-10-30 · published 2023-10-30T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/33734-grain-market-relativity-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A widening front-month spread suggests roll-related volatility in November canola and tighter nearby demand, which can support near-term canola prices.

## Read by commodity

- CANMEAL: neutral

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/grain-market-relativity/

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