Seems like most of the canola on farm isn't going to move very fast at these prices.
Many points have a modest premium for nearby movement.I wonder if there may be further improvement in nearby basis levels. Hope that isn't offset by poor futures prices.
Anyway, there continues to be a need to get canola to the coast to fill vessels. I think nearby prices will remain favorable.
Many points have a modest premium for nearby movement.I wonder if there may be further improvement in nearby basis levels. Hope that isn't offset by poor futures prices.
Anyway, there continues to be a need to get canola to the coast to fill vessels. I think nearby prices will remain favorable.