I'm not following Goalie's logic here.
Fertilizer is a worldwide market, with prices set on the world market. Canola is a drop in the bucket in the world of grains. That would be the ultimate tail wagging the dog.
One could even argue that high oilseed prices are bearish for fertilizer, since much of the worlds oilseeds don't require nitrogen fertilizer.
Fertilizer is a worldwide market, with prices set on the world market. Canola is a drop in the bucket in the world of grains. That would be the ultimate tail wagging the dog.
One could even argue that high oilseed prices are bearish for fertilizer, since much of the worlds oilseeds don't require nitrogen fertilizer.
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