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Canola prices have risen to multi-year highs despite China's export restrictions on Canadian canola. Farmers in Alberta are not capturing extra income because of higher costs and other factors.
Higher canola prices tighten the feed-protein supply chain, but the story is mainly about farm economics rather than a new supply or demand shock.
cbc.caCBC RadioAug 20, 2020Not 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.
