The canola market received welcome news recently as Canada came to an agreement with China to reduce tariffs on canola. The agreement states that by March 1, China will allow canola meal in duty free, while reducing its tariff on canola seed to 15 percent. There was no announcement for canola oil. This news has created some optimism in the canola market, with canola futures prices rising from $620 to $646 since Jan. 12.
Featured
Canola market gains positive momentum to end January
Most Popular
Soybean prices have been somewhat volatile as the rising tensions in the Middle East continue to cause havoc on crude oil prices which, in tur…
Following the start of the conflict between the U.S., Israel, and Iran in early March, spring wheat prices jumped up. Since then, however, pri…
Like other commodity markets, the corn market is always looking for direction, and it’s getting it. The problem is the direction is coming fro…
While other grain commodities saw a hike in prices immediately after the start of the conflict in Iran with the U.S. and Israel, durum prices …
Like all other grain commodity markets, the sunflower market was anxiously awaiting USDA’s Prospective Planting Report that came out March 31 …
