The U.S. and Canada are reporting more instances of Fusarium head blight in the 2016 durum wheat crop than the prior year's harvest. Infected wheat will suffer severe quality discounts or even rejection by end users, causing farmers to lose money.
Canola prices were pulled higher Sept. 20 and lower the following day along with soybeans and the global oilseed and vegetable oil markets. Signs of growing commercial bearishness could be viewed as a concern.
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