According to Oil World's latest estimate, in 2017 – 2018 canola crop in Canada will fall to 19.8 million tonnes compared to previous forecast of 20 million tonnes.
On Tuesday soybeans and wheat prices in Chicago continued to rise but with moderate rate.Corn price remained stable.In Paris the prices of all crops went down.
The French Ministry of Agriculture anticipates soft wheat crop in the new season to reach 36.2 million tonnes at average yield of 7.04 mt/ha and areas under cultivation in amount of 5.147 million hectares.
According to Oil World, in May 2017, for 7th month in a row, canola export from Australia exceeds the figure from the previous year and reaches 224,000 tonnes given 61,000 tonnes in May 2016.
On Monday soybeans price in Chicago rose sharply, followed close by wheat and after it, was corn. In Paris rapeseed price went up much and wheat and corn rose moderately.
