Loading…
Canadian canola quality is uncertain because over 70% of the crop was still in fields in early October, and only 273 samples had been graded by the Canadian Grain Commission compared with 700 last year. Anecdotal reports point to smaller, lower-quality seed after dry weather, following China's abrupt closure of its canola market.
Possible quality problems and smaller crop size could tighten Canadian canola supplies, but China's closed market limits how much that supports prices.
ipolitics.caCharlie Pinkerton, Rachel EmmanuelOct 11, 2019Not 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.
