NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Fri Jun 13, 2014 04:35 PM CDT

For the first time this crop year, the weekly data from Canadian Oilseed Processors Association reflects a year-to-date crush that exceeds the year-to-date crush for the same week the previous year. As of the week ending June 11, the crop year's cumulative crush was 5.906546 million metric tonnes, while the year-ago figure was reported at 5.899544 mmt.

This could be viewed as disappointing given that last fall's harvest of 17.960 mmt is 29.5% higher than the previous year, while favorable crush margins, canola's weak price relative to soybeans and the addition of crush capacity would be expected to lead to ...

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