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Canola bids were supported in mid-September by uncertainty over crop size and reluctance among Prairie farmers to sell old-crop canola. Cold, wet weather slowed the harvest and raised frost risk, while soybean prices on the Chicago Board of Trade rose on hopes for U.S.-China trade talks.
Farmers holding back supplies and frost-delayed harvest tighten near-term canola availability, supporting canola meal prices for feed users, though expected farmer selling by October could cap gains.
grainews.caGFM Network NewsSep 18, 2019Not 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.
