OPEC news good for Aussie canola

Gregor Heard
Updated December 7 2016 - 8:43am, first published 7:00am
Canola oil levels have been excellent this year according to GrainCorp.
Canola oil levels have been excellent this year according to GrainCorp.

A DECISION by the Organisation of Petroleum Exporting Countries (OPEC) to rationalise member production has sent crude oil prices up and is likely to have spin-off benefits for Australian canola producers.

Gregor Heard

Gregor Heard

National Grains Industry Reporter

Gregor Heard is ACM's national grains industry reporter, based in Horsham, Victoria. He has a wealth of knowledge surrounding the cropping sector through his 15 years in the role. Prior to that he was with the Fairfax network as a reporter with Stock & Land. Some of the major issues he has reported on during his time with the company include the deregulation of the export wheat market, the introduction of genetically modified crops and the fight to protect growers better from grain trader insolvencies. Still involved with the family farm he is passionate about rural Australia and its people and hopes to use his role to act as an advocate for those involved in the grain sector.

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