Canola prices have taken a breather in the past two weeks after running up significantly since June 1. Moderate weather conditions and forecasts in the U.S. have eased some concerns over crop production, which has negatively affected the markets. However, very dry conditions in Canada will result in a much smaller canola crop than anticipated just two months ago. Total canola production in Canada may be in the 16 million metric tons (MMT) to 17 MMT range compared to government estimates of 18.8 MMT.
Top Story
Canola prices take break along with weather
Most Popular
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 the U.S. and Israeli war with Iran has caused some disruptions in a number of commodity markets, sparking a bit of a price rally, durum’…
Since the start of the “conflict” between the U.S. and Israeli forces against Iran began, there has been some uncertainty and volatility with …
Oilseed markets continued to charge higher as of March 11 due to expectations that government biofuel policy will be favorable for agricultura…
There was a brief period after the start of the war with Iran when soybean prices rose quickly but soon dissipated, causing a lot of uncertain…
