Canola Rallies with Soy Complex

Jul 01, 2021

Canola futures ended stronger on Wednesday, as a rally in the Chicago Board of Trade soy complex on the back of a pair of bullish reports provided support.

Acreage and quarterly stocks numbers from the USDA sparked a rally in soybeans, which spilled into canola, with planted area coming in well below trade expectations and quarterly stocks seen as tight. Record-high temperatures across Western Canada this week, with little precipitation in the immediate forecasts to alleviate the heat, contributed to the gains in canola.

Canadian markets will be closed Thursday for Canada Day, while US markets remain open. Positioning ahead of the holiday likely accounted for some of the activity in canola. U.S. markets will be closed Monday, July 5, for Independence Day.

July canola was up $30 at $839.50, November added $17.10 to $811.70 and January was $20.70 higher at $809.

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Video: What Happens When Pigs Adapt to High Soybean Meal Diets? - Gustavo Lima

In this special rerun episode of The Swine Nutrition Blackbelt Podcast, Gustavo Lima, PhD candidate in Animal Science at Iowa State University, discusses how grow-finish pigs respond to high soybean meal diets. He explains the initial drop in feed intake, changes in backfat, later adaptation, energy efficiency, amino acid utilization, and the rise in nitrogen excretion at higher inclusion levels. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/jas/article/...

“Once they got adapted to the diet, they can handle higher levels of inclusion of soybean meal.”

Meet the guest: Gustavo Lima / gustavo-lima-a9867127 is a PhD candidate in Animal Science at Iowa State University whose work focuses on swine nutrition, ingredient characterization, energy metabolism, caloric efficiency, and applied data analysis. With more than 15 years of experience in swine production across Latin America, Gustavo also brings expertise in environmental control, performance evaluation, barn ventilation, and grow-finish housing. Learn more from Gustavo Lima on The Swine Nutrition Blackbelt Podcast, available on all major platforms.