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Visible canola supplies in Canadian commercial hands fell to 702,700 tonnes for the week ended the prior Sunday, the tightest since 2014. Farmer deliveries and domestic use were both low that week, while exports were 158,700 tonnes.
Tight visible stocks below one million tonnes support canola prices and can firm canola meal values for feed buyers.
farmtario.comPhil Franz-WarkentinJun 2, 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.
