Supply versus demand means higher prices for canola
GRANDE PRAIRIE, AB – The price of canola has been hitting some new highs in the past week.
The daily price for the Peace Country, as quoted by the Alberta Canola Producers Commission, reached the $17 this week, up from $16.17 a bushel on Friday.
On January 6, the price was $14.09.
Valhalla farmer Andre Harpe is on the Commission’s Board and is the chair for the Grain Growers of Canada.