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A MarketsFarm analyst says Canadian canola prices remain well supported despite record values near $24 to $26 per bushel. World vegetable oil stocks are tight, and Ukraine's sunflower and rapeseed crops are uncertain, with Ukrainian sunflower acreage expected to be the lowest in 13 years.
Tight global vegetable oil stocks and reduced Ukrainian sunflower supply support vegetable oil and sunflower meal prices, which in turn supports demand for competing oilseed meals.
ukragroconsult.comMar 21, 2022Not enough comparable past events yet for a historical read.
Not 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.
