In 2019 Canola has once again turned into a hot potato. 1.4 mmt in the system with over a million in the primary elevator system.
No need to bid it up and it isn't going to slow down coming to town. Thus the lower values both futures and cash the last little bit.
Even though there will be over 1 mmt stranded in the field for quite some time and of an unknown quality the industry won't concern itself about that till it has to, if ever.
price trend, sideways
No need to bid it up and it isn't going to slow down coming to town. Thus the lower values both futures and cash the last little bit.
Even though there will be over 1 mmt stranded in the field for quite some time and of an unknown quality the industry won't concern itself about that till it has to, if ever.
price trend, sideways
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