Canola/Sunflower Weekly Comments October 16
Canola was closed for Canada’s Thanksgiving on Monday. Canola opened Tuesday’s session with gains, but reversed direction and closed lower. Early support came from harvest
Canola was closed for Canada’s Thanksgiving on Monday. Canola opened Tuesday’s session with gains, but reversed direction and closed lower. Early support came from harvest
Cattle had a rough week, trading lower for the first three sessions but cattle did manage to trade with gains to close out the week
Last week’s wheat export sales pace was estimated at 11.8 MB. After 19 weeks, wheat sales were at 51% of USDA’s expectations vs. 63% last
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As of October 11, winter wheat planting was 51% complete vs. 36% last week and 58% average. Winter wheat emerged was at 27% vs. 16%
