# Canola pricing strategy | Pipestone Flyer

> Alberta Agriculture analyst Neil Blue estimated 2018-19 canola stocks near a record 4 million tonnes and said the 2019-20 carryover is uncertain given China's canola trade restrictions. Canola futures are in a strong carrying-charge market, with later months priced higher to cover storage, interest and insurance costs.

- Date: 2019-12-06 · published 2019-12-06T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/55677-canola-pricing-strategy-pipestone-flyer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large inventories and restricted export demand to China keep canola prices under pressure, while carry structure means higher deferred prices reflect storage costs rather than a forecast of rising supply tightness.

## Read by commodity

- CORN: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-27 | [Imports gain momentum as organic feed markets flounder \| Feed Strategy](https://feedsoft.ai/events/55646-imports-gain-momentum-as-organic-feed-markets-flounder-feed-strategy.md) | -0.3% | +0.4% |
| CORN | 2017-02-11 | [US grains benefit from strong Mexican trade relations \| Feed Strategy](https://feedsoft.ai/events/72497-us-grains-benefit-from-strong-mexican-trade-relations-feed-strategy.md) | -1.1% | -2.6% |
| CORN | 2020-10-26 | [Strong demand drives sorghum prices higher](https://feedsoft.ai/events/50695-strong-demand-drives-sorghum-prices-higher.md) | +0.3% | +10.2% |
| CORN | 2022-10-10 | [U.S. Sorghum-Corn Premium Prices Fell Sharply During this Quarter](https://feedsoft.ai/events/39195-u-s-sorghum-corn-premium-prices-fell-sharply-during-this-quarter.md) | +0.6% | -0.3% |
| CORN | 2021-03-18 | [Chinese Imports of Sorghum, Driving U.S. Prices Higher -](https://feedsoft.ai/events/48165-chinese-imports-of-sorghum-driving-u-s-prices-higher.md) | +10.8% | +13.2% |

## Sources

- pipestoneflyer.ca: https://pipestoneflyer.ca/2019/12/06/canola-pricing-strategy/

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