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Excessive moisture in northern Alberta and Saskatchewan and dryness in central Saskatchewan are delaying canola emergence and hampering seeding. Canola futures reached their highest levels since late March on crop weather concerns.
Analysts warn of potential production problems.
Weather-driven production risk in Canada's top canola region supports canola meal prices and could tighten export supplies.
financialpost.comJun 17, 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.
