By Andrew Whitelaw | Source: CME, ASX, Mecardo
A lot of focus in recent weeks has been on the feed market i.e. wheat and barley. There hasn’t however been much attention on Canola. On Tuesday ABARES released their updated forecasts for the looming harvest. It made for depressing reading, with NSW and Victoria expected to produce a paltry 850kmt, against an average of 1.6mmt. What about the price response?
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