# Seeding launch adds bearish influence to grain markets - Manitoba Co-operator

> Canola futures were mixed in the week ended May 4, with old-crop months lower and new-crop contracts steady to higher. Western Canadian seeding began early, and clearing and hedging of canola futures will move from Winnipeg to New York by the end of July.

- Date: 2018-05-10 · published 2018-05-10T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/65149-seeding-launch-adds-bearish-influence-to-grain-markets-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Early seeding and expected large acres are bearish for canola prices, while the exchange move changes the market structure without changing supply or demand.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/seeding-launch-adds-bearish-influence-to-grain-markets/

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