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An AgFlow article notes US canola imports rose sharply over two months, exceeding 540 million pounds according to the latest USDA Oil Crops Outlook. It describes US canola production and consumption patterns and the importance of open borders.
Rising US canola imports signal domestic supply shortfalls that support North American canola oil and meal prices and reinforce import demand from Canada.
agflow.comAgFlowSep 27, 2022Not 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.
