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AHDB's grain market daily notes that Canadian rainfall has been limited, bringing canola (rapeseed) production potential into focus. The article references stocks forecasts for the 2023/24 marketing year and recalls the severe damage to Canadian canola from the 2021 heat wave.
Dry Canadian canola conditions could tighten rapeseed and canola meal supplies, supporting meal prices for feed buyers.
ahdb.org.ukAug 9, 2023Not 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.
