Loading…
WSJ reports producers and shippers fear a 10% drop in Canadian canola seed output this year due to the Chinese dispute. Canada's canola output rose more than 60% in the past decade to 20.3 million metric tons in 2018.
Expected output declines would reduce Canadian seed supply for crushers and meal production, supporting canola meal prices.
wsj.comJacquie McNishApr 16, 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.
