The World Wants Canada's Canola
I had to post something off the net on marketing!
The posted article is from Informa Ecomonics. Three "take away" points:
- The chart showing lots of "other" countries buying our canola in 2006.
- That huge carry in of canola, 3.5 million tonnes, has been crushed down. Low price fixes low price?
- Bio-Diesel could increase demand for canola oil. Not because it's used for energy, but because canola could be choice for edible oil.
I'd consider this a fairly positive view on canola going forward medium term. (2 or 3 yrs?).
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