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this post was submitted on 07 Aug 2023
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Not from what I've seen. Canola hit another spike a couple weeks ago pulled up by the general veg oil complex, we sold a few loads then, there is some of the usual seasonal drop heading into harvest now. Canola is also driven by demand from crush plants coming online across Canada. Barley and oats are doing well too, accounting for harvest pressure. Which does mean beef will generally stay up based on feed prices that seem baked in for a while.