Without the Chinese market, it’s only a matter of time before canola futures are poised to break below C$600 per tonne in its November contract, said Phil Speiss, trader with RBC Dominion Securities in Winnipeg.
‘Lack of bullishness’ says trader
Prairie weather has a way of upsetting farmers’ harvest plans
Canola 34 per cent above 10-year average
Farm Safety: Canola is particularly susceptible to spoilage in storage
Crop receipts roughly level, direct payments fall on reduced crop insurance
Verticillium stripe may compromise blackleg resistance protection in canola, new research out of Manitoba suggests
Mixed projections for other cereals, oilseed, pulses
Up-and-down trade for oilseed