NEWS
Canada Markets
Cliff Jamieson Canadian Grains Analyst
Mon Jul 28, 2014 05:04 PM CDT

The canola market received a shot in the arm Monday as concerns mount over the prospects for what is to be a record U.S. soybean crop. August is the month that can make-or-break the soybean crop, with Monday's DTN market weather factors reported as neutral to bullish for soybeans as the current dry trend in the Midwest appears set to linger into the month of August.

Mixed signals came from Monday's USDA Crop Progress report from the U.S., with 38% of the crop setting pods as compared to 31% which is the five-year average, while the good-to-excellent rating has slipped ...

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