Source: Commodity News Service Canada, Glen Hallick, Producer.com, December 4, 2018
At more than C$7 per bushel for rye in Western Canada, Cal Vandaele of Vandaele Seed in Medora, Man. believes the price has topped off.
“There’s been bids touching C$8,” Vandaele said, adding the price will decline over the winter.
“When they start getting into these levels all buyers are going to be hand-to-mouth. Nobody is going to want to be owning too much inventory at these levels.”