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Nearby cash canola prices in the Canadian Prairies rose slightly over the first two weeks of June, while new-crop futures were unchanged. Cash bids ranged from C$15.14 to C$15.28 per hundredweight, up 22 cents from mid-May.
Little change in new-crop pricing means no clear signal for feed buyers, and the modest cash firmness reflects only routine local demand.
agupdate.comDALE HILDEBRANT Farm, Ranch GuideJun 20, 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.
