By BARRY COLEMAN, Northern Canola Growers Association
The canola market has strengthened recently, bucking the negative trend of other commodities. Canola strength Is reportedly coming from expectations that Canada and China may resolve their trade dispute. Another factor, according to market analysts, is short covering by funds.
kAm%96 r2?25:2? !C:>6 |:?:DE6C :D >66E:?8 H:E9 r9:?6D6 @77:4:2=D 2E E96 E:>6 @7 E9:D 2CE:4=6 E@ 5:D4FDD A@E6?E:2= H2JD E@ 62D6 E96 EC256 5:DCFAE:@?D 36EH66? E96 EH@ 4@F?EC:6D] r2?@=2 8C@H6CD H2?E E96 E2C:77D C6>@G65 @? 42?@=2 D665[ @:= 2?5 >62=[ 2?5 r9:?2 H2?ED E2C:77D C6>@G65 @? :ED 6=64EC:4 G69:4=6D[ DE66=[ 2?5 2=F>:?F>] (9:=6 6IA64E2E:@?D 92G6 46CE2:?=J :?4C62D65 E92E 2 C6D@=FE:@? H:== E2<6 A=246[ r2?25:2? 8@G6C?>6?E @77:4:2=D 92G6 ?@E 8:G6? 2?J :?5:42E:@? E92E E96 :DDF6 H:== 36 C6D@=G65 2?5 2AA62C E@ 36 5@H?A=2J:?8 6IA64E2E:@?D]k^Am
kAm%96 &$sp :DDF65 :ED p??F2= rC@A !C@5F4E:@? #6A@CE @? y2?]`a] xE C6A@CE65 E92E `]g >:==:@? 24C6D @7 42?@=2 H2D 92CG6DE65 :? }@CE9 s2<@E2 =2DE J62C] xE D2:5 2G6C286 42?@=2 J:6=5D :? E96 DE2E6 H6C6 a[`a_ A@F?5D[ 2 ?6H C64@C5 2?5 FA `c A6C46?E 7C@> =2DE J62C]k^Am