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Canada's Canola Crush Running Ahead of Schedule

Canada's canola crush is running well ahead of the year-ago pace.
 
According to a story in the Western Producer, the latest numbers of stats-Can suggest four months into the new crop year, more than 3.3 million tonnes of canola have been crushed.
 
That's an increase of more than 8 per cent from a year ago at the same time. The amount of canola oil produced rose more than 8 per cent from year to year.
 
Canola meal was up almost 9 per cent. The report says domestic use of canola helped reduce the overall impact of China closing its border to our canola seed, which began in March.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.