Its difficult to be bearish canola when:
- canola has acre issues ( acres not seeded to wet issues vs acres seeded canola only crop that can be seeded)
- canola has production issues(drought to extreme wet/disease)
- europe canola strong prices, French droughty
- palm oil export restrictions
- low stocks
- south america beans dryness
- usa markets still up and bullish all three beans/meal and oil at the same time
Might as well throw in flea beetle issues
- canola has acre issues ( acres not seeded to wet issues vs acres seeded canola only crop that can be seeded)
- canola has production issues(drought to extreme wet/disease)
- europe canola strong prices, French droughty
- palm oil export restrictions
- low stocks
- south america beans dryness
- usa markets still up and bullish all three beans/meal and oil at the same time
Might as well throw in flea beetle issues
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