# Canada is using its canola faster than planned, and the price is falling anyway — AgraMarket

> ICE canola has lost about 5% since late September, tracking soybeans rather than Canadian balance sheets. Saskatchewan basis weakened to 76 CAD/t under futures, and canola's discount to Euronext rapeseed widened from 38 to 55 $/t as harvest selling intensified.

- Date: 2026-10-29 · published 2026-10-29T18:05:48.212Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/1370-canada-is-using-its-canola-faster-than-planned-and-the-price-is-falling-anyway
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Heavy harvest selling and a wider discount to rapeseed point to cheaper canola meal and oil, supporting lower feed protein costs.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bearish ▼

## Sources

- agramarket.fr: https://www.agramarket.fr/notes/canada-is-using-its-canola-faster-than-planned-and-the-price-is-falling-anyway

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.