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The rapeseed and canola market is crumbling after pressure from weak US soy exports and Chinese purchases in Brazil. Winnipeg canola was about CAD 475.50 per tonne, while Paris rapeseed slipped to EUR 420, with Canadian crush over 4.8 million tonnes.
Heavy Canadian crush expands meal supply and weak soy values pressure oilseed prices, which is bearish for canola meal.
mundus-agri.euJan 13, 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.
