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RealAgriculture reports that canola premiums in western Canada have risen, with bids near $11/bu across the region. Frost in recent days and strong export demand are cited as supports, and StatsCan's satellite-based crop report is viewed as reasonably accurate.
Frost threats and firm export pull into 2020/21 support canola and the oilseed complex, which can lift canola meal and soybean prices.
realagriculture.comRealAgriculture News TeamSep 16, 2020Not 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.
