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Canola extends rally on smaller-than-expected Statscan crop view
date:Dec 10, 2018
Canola futures rose for the fifth day in a row on Thursday, shrugging off declines in the U.S. soybean market, after a closely watched government report showed the Canadian canola crop was smaller than expected.

The front-month canola contract hit its highest since Oct. 23.

A weaker Canadian dollar also contributed to the strength in canola.

Statistics Canada estimated Canadas 2018 canola crop at 20.343 million tonnes, down from 21.3 million in 2017 and below an average of trade estimates for

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