NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Tue May 20, 2014 05:31 PM CDT

The sudden narrowing of the July/November canola spread, which saw the spread move from minus $15.20/mt (November over the July) on April 23 to spread of plus $7.50/mt (July over the Nov) on May 14 certainly had a lot of people talking. While cash basis was widening on the West Coast, cash basis on the Prairies narrowed while the spread narrowed to reflect a bullish inversion, driven by nearby demand in the commercial trade.

It's interesting that this took place despite the StatsCanada forecast which suggested that a record 9 million metric tonnes were in the system as of March ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Manitoba Crop Report
Canada Markets
Rail Problems Unlikely in 2014/15
Canada Markets
Canada Markets
Canada Markets
Canada Markets
Saskatchewan Crop Update
Ontario Field Crop Report
Canada Markets