Source: Ed White, Producer.com, March 22, 2018
Farmers have been given a gift for this last little bit of pre-seeding.
They’ve also been handed a chance for fresh risk, if they’re that sort of guy.
It all comes from the canola market rallying about 50 cents a bushel since midwinter, especially in terms of profitability. It comes from a nice little follow-on rally that has been inspired by soybeans, which is benefitting from strong meal demand and crop conditions in Argentina.