date:Mar 15, 2013
anadian (canola) seed, said Tony Tryhuk, manager of commodity trading at RBC Dominion Securities. The price-sensitive demand I think would go elsewhere. When you look at competing markets, we are expensive relative to them.
ICE Canada nearby canola futures have gained nearly 6 percent so far this year after a 14.5 percent advance in 2012. Chicago soybeans are up just over 2 percent so far this year, compared with 1 percent gains so far in 2013 for Paris rapeseed and Malaysian palm oil.
China,