# Fundamentals, trade fights help hold canola rangebound - Manitoba Co-operator

> Canola futures on ICE traded in a narrow range during the week ended Sept. 21, near 485 dollars per tonne for November, pressured by trade disputes, weather, soybean losses and harvest selling. Statistics Canada's satellite-based estimate put production at 21 million tonnes, above its earlier survey-based 19.2 million tonne figure.

- Date: 2018-09-27 · published 2018-09-27T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/63007-fundamentals-trade-fights-help-hold-canola-rangebound-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A larger Canadian crop and steady farmer selling with weak crush margins point to limited upside for canola and canola meal prices until harvest results are clearer.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/fundamentals-trade-fights-help-hold-canola-rangebound/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.