# Current canola premiums spell opportunity that shouldn't be missed - RealAgriculture

> 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.

- Date: 2020-09-16 · published 2020-09-16T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/51207-current-canola-premiums-spell-opportunity-that-shouldn-t-be-missed
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Frost threats and firm export pull into 2020/21 support canola and the oilseed complex, which can lift canola meal and soybean prices.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bullish ▲

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/09/current-canola-premiums-spell-opportunity-that-shouldnt-be-missed/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.