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Canadian canola stocks at the start of August were 1.5 million tonnes, down 26% year on year and at a four-year low. Strong domestic crushing and exports drew supplies down, and possible U.S. demand is expected to rise after Argentine biodiesel supply was suspended.
Tight old-crop canola stocks and expected US demand support canola and related meal prices, although a record new crop is forecast.
grainsprices.comGate.BGSep 1, 2017Not 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.
