And this, also from 'The Land' has an interesting tidbit about canola:Grains Analyst Lloyd George of Ag Scientia, Melbourne, Victoria, agreed and said he had heard that some 40pc of canola had already been forward sold.
"We got to that $600/tonne delivered port magical level, and growers started letting go, but the price is back to around $590/t at present," he said. "And the yields on the canola crop this year will be phenomenal.
"Canola will be their cash crop and that's why they are letting some go first."
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Last
$7.73 |
Change
-0.060(0.77%) |
Mkt cap ! $1.718B | |||
| Open | High | Low | Value | Volume |
| $7.82 | $7.85 | $7.70 | $1.737M | 224.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 3110 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 7299 | 40 |
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| Last trade - 12.58pm 23/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |