date:Sep 13, 2013
t in the previous year. That was partly due to high canola prices that pinched margins.
But with prices tumbling as the new harvest arrives, margins on Wednesday were around $109 per tonne based on nearby futures contracts, up 43 percent from a month ago.
I'm optimistic that the crushers are going to battle it out versus the exporters for seed, Campbell said, adding that exporters will still likely claim most of the new crop.
The United States and China were the biggest importers in 2012/13 o