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The Alberta Canola Producers Commission says canola prices have reached unprecedented levels due to low supplies and strong demand from long-term buyers. Northern Alberta prices were around $17.64 per bushel on April 16, versus about $10 in early 2020.
Tight canola supply and firm vegetable oil competition keep canola seed and meal prices elevated, raising feed costs for buyers of canola meal.
lakelandtoday.caApr 27, 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.
