# Oilseed prospects continue to firm | Farm Online | ACT

> Australian cash canola is around A$530 per tonne delivered port heading into harvest. Support comes from a late Canadian harvest that may leave crop abandoned and slow logistics, Argentine soybean issues, and palm oil prices at four-year highs.

- Date: 2016-11-15 · published 2016-11-15T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/73947-oilseed-prospects-continue-to-firm-farm-online-act
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Late Canadian harvest and palm oil strength tighten global oilseed supply, supporting canola meal and oil prices and Australian export opportunities into China.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/4295255/oilseed-prospects-continue-to-firm/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.