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South Africa's canola area for 2026/27 is estimated at 197,890 hectares, and a record harvest of about 368,270 tonnes is expected, up 20% on the previous season. Canola meal is becoming more valuable for livestock feed, and the country has moved to net exporter status.
A larger South African canola crop adds exportable supply of canola meal and oil, which may pressure regional canola meal prices, though the volume is small globally.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.