ICE Close: Canola Down Amid Heavy Supplies

出典: Farms.com – https://www.farms.com/news/ice-close-canola-down-amid-heavy-supplies-236323.aspx

ICE Close: Canola Down Amid Heavy Supplies

Canola lost ground for the fifth straight day on Thursday, as the market remains weighed down by heavy Canadian supplies.
Updated monthly supply-demand estimates released by Agriculture Canada after the close on Wednesday pegged 2025-26 canola ending stocks at 2.95 million tonnes, up 450,000 from the November forecast and almost 85% above the previous year’s 1.597 million. The increase in stocks from November reflects Statistics Canada’s record large production estimate from earlier this month.

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