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Canada's canola harvest is nearly complete, and Australia is forecast to produce a record crop of 7.3 to 8.1 million tons depending on the source. Canadian November canola futures in Winnipeg fell 3.8% over the month, while Chinese buyers have bought about 1 million tons of Australian canola for early 2027 delivery.
A record Australian crop and heavy Canadian supply add to global rapeseed availability and pressure canola meal and oil prices, even though crude and biofuel demand offer some support.
ukragroconsult.comOct 27, 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.
