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Viterra plans to build the world's largest canola crushing plant in Regina, Saskatchewan, with capacity of 2.5 million tonnes per year, opening in late 2024. The company cites growing demand for renewable diesel alongside food uses.
Large new crush capacity adds structural demand for canola seed and meal, supporting prices as renewable fuel demand grows.
financialpost.comReutersApr 26, 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.
