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The Canola Council of Canada is promoting canola meal to Wisconsin dairy producers, where it competes with soymeal, DDGS and cottonseed. Research cited shows canola meal can improve milk production in dairy diets.
This is a marketing and demand-development piece with no new price-moving event, so the effect on canola meal prices is minimal.
canoladigest.caTreena HeinJan 2, 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.
