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Wheat and Canola Prices Signal Tight Global Supplies
Steven Perri notes winter seed decisions should reflect tight high quality wheat and canola markets. Much acreage may shift as new crop prices in Minneapolis above 8.50 per bushel for wheat support planting, while canola crush remains strong but stocks risk depletion. Oats and malt barley outlooks are mixed with risk management advised. Prospective growers should evaluate profitability scenarios and seek advisory services.
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Soviet Union
Canada
Europe
Australia
Canadian Wheat Board
Japan
Minneapolis