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Oil World's preliminary estimate puts 2017-18 global rapeseed/canola exports close to the 2015-16 record. Lower Canadian and Australian exports are expected to be offset by Ukraine, and China's rapeseed imports are forecast at 4 to 4.5 million tonnes.
Ample global export supply points to comfortable canola availability, which is bearish for canola meal, though dry Canadian conditions could trim the forecast.
grainsprices.comGate.BGJun 5, 2017Not 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.
