# ICE weekly outlook: Uncertainty, lack of farmer selling lift canola bids - Grainews

> 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.

- Date: 2019-09-18 · published 2019-09-18T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/57171-ice-weekly-outlook-uncertainty-lack-of-farmer-selling-lift-canola-bids-grainews
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/ice-weekly-outlook-uncertainty-lack-of-farmer-selling-lift-canola-bids/

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