NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Fri Mar 8, 2013 03:41 PM CST

The jury remains out over the true supply situation for canola on the Canadian prairies. Some users have expressed their beliefs that current on-farm stocks may be understated, with the actual supply perhaps not as critical as once thought. The May/July spread, which is the commercial trader's view of the fundamental situation of the market, indicates a bullish scenario in a sense that the spread does indicate a current inversion of $11.20/mt, but this has backed off from a February high of $15.40, indicating the bullish sentiments may be waning.

Producers have been aggressive shippers of product, with the latest ...

Quick View
Related News Stories
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Under the Agridome
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Canada Markets