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WCE Canola Outlook: Canola To Start Its Seasonal Rally.

Resource News International, March, 2007

Byline: Don Bousquet, Resource News International

Winnipeg Mar 28-RNI, Mar 28, 2007 (Resource News International via COMTEX) -- Canola futures at the Winnipeg Commodity Exchange finished the week ended Mar 28th mixed with the old crop lower and the new crop higher. Old crop futures were pressured by sluggish export demand as transportation problems getting canola to the west coast of Canada have made exporters reluctant to make fresh sales. The new crop posted small gains on the firm tone in Chicago Board of Trade (CBOT) soy complex futures and ideas that canola acres may not expand as much in 2007, analysts said.

Old crop canola futures are likely to see strength over the next four weeks, said Stan Casar, senior vice-president of Fimat Canada Inc in...

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