Loading…
Canola crush margins have surged to record levels, with the crush index reaching $325 per tonne and a gross margin of $7.37 per bushel. Analysts note Statistics Canada forecasts 19.1 million tonnes of canola, far short of what would justify such margins.
Extremely strong crush margins encourage processors to run plants hard, boosting canola meal output and supporting meal supply, while tight seed supplies underpin canola values.
producer.comSean PrattSep 22, 2022Not enough comparable past events yet for a historical read.
Not 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.
