Canada Markets
Cliff Jamieson Canadian Grains Analyst
Fri Aug 1, 2014 04:26 PM CDT

This week's easing of concerns surrounding the state of the 2014 soybean crop resulted in a loss of 25 cents/bu. over the week in the November soybean contract, while the International Grains Council data released yesterday acted as a reminder of the bearish situation hanging over the entire global oilseed market. The Canadian prairie crop tour pegged the canola yield at 34.3 bushels per acre, well below last year's estimated record of 40 bpa, but on par with the 2009 to 2013 five-year average of 34.2 bpa.

Canadian dollar weakness remained a supportive factor this week, limiting the downside move ...

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