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A Dow AgroSciences market manager writes that high-protein canola meal is gaining attention as a feed ingredient. Its high fiber suits dairy cattle but makes it unsuitable for pigs and poultry.
He notes that penetration in U.S. dairy states is near saturation, so growers cannot sell much more there.
Limited dairy demand for canola meal, with no new outlets in monogastric feed, puts downward pressure on canola meal values. The effect is gradual and the piece is commentary rather than news.
seedworld.comChris NowlanFeb 6, 2018Not 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.
