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Thursday, December 14, 2006

Bull Market Up North

Bull market up north: The Oilseed markets have been hot of late, as worldwide demand for vegetable oils continues to increase. This has led to tight supplies of both Soybean Oil and Palm Oil. Another Oilseed market, Canola, has also seen a large up-move this year. Since the beginning of October, Canola futures have rallied over C$60 per ton, topping out at C$375.50 on December 1st. Read More....