Home   News

Canola markets looking to steady after March dip

Canola is looking at what could be yet another good year, following a few external factors.

This included the same issue that had affected most of Canadian agriculture, the war in Ukraine.

Neil Townsend, Senior Market Analyst at FarmLink Marketing Solutions, details some of the good points before a reverse began.

"We've had a pretty good year, in terms of canola. We had high prices for the bulk of the year, a good opportunity. I think for a lot of Canadian farmers it kinda seems like out of nowhere the market starts to reverse. That was a combination of great weakness in the EU market prompted partly by an inflow of imports from Ukraine."

As well, another competitor had a great record year which impacted the canola market.

Click here to see more...

Trending Video

Planting Update With in Nebraska - Jerry Stahr

Video: Planting Update With in Nebraska - Jerry Stahr

We got a check on planting progress near York, Nebraska, with producer Jerry Stahr. He tells us the ground has been powder dry in his area of the state and describes how he has adjusted to these drought conditions to start off the 2023 planting season.