Farms.com Home   News

ICE Close: Canola Up as Production Uncertainty Supports

Canola futures settled with small gains on Thursday, recovering from earlier losses as speculative positioning and production uncertainty provided support.
 
While crop conditions are relatively favourable across much of Western Canada, development is highly variable with uncertain production prospects keeping a weather premium in the market.
 
Only 42% of the Saskatchewan canola crop was rated good-to-excellent in the latest weekly report, released during the trading session, with the majority rated fair-to-poor.
Click here to see more...

Trending Video

Germination Troubles + What the Heck is Lower and Lean?

Video: Germination Troubles + What the Heck is Lower and Lean?

Welcome to episode 151 of Growers Daily! We cover: germination struggles with soil blocks, some farm updates, and that pesky lower and lean term