Canola oil market update

U.S. pricing falls back below a dollar: Nominal RBD canola oil pricing in the Midwest as of mid-July was down about 15 percent from the month-ago level and down about 6 percent year over year. U.S. refined canola oil disappearance in May was lowest [...]

U.S. canola crop in poor shape heading into harvest

As of Aug. 8, North Dakota’s spring-planted canola crop was developing faster than average pace, with 77 percent of the crop’s seed pods at the coloring stage, compared to the five-year average of 74 percent, and well ahead of last year’s 62 percent. After [...]

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