# Old crop canola prices could move a little higher yet | Country 600 CJWW

> Analyst Mike Jubinville says Canadian canola prices, already at record levels, could rise further. European rapeseed trades about $100 per tonne above Canadian canola, versus a usual gap of $40 to $80. Old crop ending stocks may fall to 1.1 million tonnes.

- Date: 2022-03-21 · published 2022-03-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42234-old-crop-canola-prices-could-move-a-little-higher-yet-country-600-cjww
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tight old-crop canola supplies and a wide premium over European rapeseed support canola and canola meal prices, with new-crop values also rising.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- cjwwradio.com: https://www.cjwwradio.com/2022/03/21/old-crop-canola-prices-could-move-a-little-higher-yet/

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