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Maverik Oils article says Canada is running short of canola about six months before the next harvest due to strong export demand. It notes prices reached near 13-year highs in January 2021.
Low canola stocks ahead of harvest support canola meal and oil prices, increasing feed and cooking oil costs until new-crop supplies arrive.
maverikoils.comjoe hApr 28, 2021Not 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.
