Further canola climbs headline new surge in grain prices

Gregor Heard
Updated July 7 2021 - 9:18am, first published 8:49am
European canola futures have risen sharply in the past week, while Canadian futures are also on the up.
European canola futures have risen sharply in the past week, while Canadian futures are also on the up.

CANOLA prices globally rose sharply in the past week, primarily on the back of concerns surrounding the Canadian crop, but also due to lingering worries about the volume of European production.

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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