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LeftField Commodity Research's Jon Driedger outlined five charts for Saskatchewan farmers, saying coronavirus uncertainty could weigh on markets but that Canadian canola is relatively cheap globally. He expects improved export volumes for canola and a larger global wheat crop that could build stocks.
Cheap Canadian canola could lift export demand and support meal values, while a bigger global wheat crop would add supply pressure on wheat-based feed prices.
farmnewsnow.comAlice McFarlaneFeb 7, 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.
