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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