From the GrainBoard desk
Our reading of grain and oilseed markets. Every figure comes from GrainBoard; every note is reviewed and signed.
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Euronext's November contract has dropped 46.5 €/t under February, almost all of it in the front month, while canola and soybean curves held. French cash is following it down, into a crush running below its usual pace.
US soybeans are a week behind and Saskatchewan canola two and a half, yet cash markets trade as if the harvest were on time. With bins this full, the delay postpones the selling rather than cancelling it.
