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DowDuPont plans to sell ProPound, a higher-protein canola variety, as early as 2019, targeting pig and poultry feed in Canada, the US and China. The company says the meal would reach 44 percent protein versus the typical 37 percent, narrowing the gap with soymeal at 47 percent.
Higher-protein canola meal could gain share from soybean meal in livestock rations over time, a longer-term bearish factor for soymeal prices.
agcanada.comAGCanadaMay 19, 2018
grainews.caRod Nickel, GFM Network NewsMay 18, 2018
reuters.comRod NickelMay 18, 2018Not enough comparable past events yet for a historical read.
Not 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.
