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Canadian canola prices have held up despite large supplies, softer global oilseed demand and market access issues. Canada produced a record 21.3 million tonnes of canola in 2018, and China was the largest export market.
The article stresses the need for producers to manage price risk.
Large supplies and weaker oilseed demand point to softer canola seed values, though resilient prices limit downside. Feed buyers face steady meal availability with no clear supply shortage.
fcc-fac.caJun 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.
