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Friday, September 27, 2013

Canadian canola harvest pressure – an inevitable challenge

By Augusto Semmelroth  |  Source: USDA, CME, ICE

Record global oilseed production estimates, coupled with a bumper canola crop in Canada, continue to place downward pressure on Aussie canola prices. What is the impact of the Canadian harvest on the soybean canola spread and prices?

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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