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A Reuters column argues Canadian canola faces a problem similar to US soybeans with China, noting USDA's Canadian attache did not expect the China dispute to cut planting. The report was published before China cancelled a second exporter's registration.
Expectations of stable Canadian canola area now look too optimistic, so future supply risk and export pressure could build if farmers shift away from canola.
reuters.comKaren BraunApr 26, 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.
