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The Western Producer reports that oilseed and vegetable oil markets are expected to stay tight in 2021-22, with rapeseed tightening as EU biodiesel demand rebounds and Chinese canola oil purchases rise. Analysts expect continued high prices.
Tight rapeseed and vegetable oil supplies from strong EU biodiesel crush demand and Chinese purchases support canola complex prices, with meal a byproduct of that crush.
producer.comadminJun 17, 2021Not 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.
