Tuesday, October 10, 2006

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:
  1. The chart showing lots of "other" countries buying our canola in 2006.
  2. That huge carry in of canola, 3.5 million tonnes, has been crushed down. Low price fixes low price?
  3. 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?).