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Canadian canola exports through January 2017 were 5.449 million tonnes, up 13.8% year over year, with China shipments catching up after a slow start to the crop year. The Canadian Grain Commission data showed cumulative exports 9.8% higher than the prior year by late February.
Strong exports and an AAFC export estimate of 10 million tonnes point to tighter canola supplies, supporting meal and oil prices.
dtnpf.comCliff JamiesonMar 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.
