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Agriculture Canada cut its 2026-27 canola ending stocks slightly to 1.968 million tonnes and raised its average price forecast to $800 per tonne from $775. Production is estimated at 22.051 million tonnes, and the export forecast is unchanged at 7.7 million tonnes.
Domestic crush is forecast at a record 13.9 million tonnes.
A tighter stocks outlook and higher price forecast point to firmer canola values. A record domestic crush would also increase available canola meal supply, which may offset some of that support for meal prices.
syngenta.caOct 20, 2026Not 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.
