A Winnipeg-based trader is very bullish on July canola, due to depleted stocks and ongoing export demand.
1.
July canola may have more room to grow
Moisture levels still strong despite declines
Futures hit 18-month highs
StatCan releases grain stocks as of March 31 report
Squeeze possible for old crop
Most fields still have good soil moisture
July canola hits C$700/tonne mark, settles under it
Soil moisture conditions very from region to region
Bullish bets rise
Canola drops back March to March