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Agriculture Canada raised its 2026/27 ending canola stocks forecast to 1.979 million tonnes from 1.504 million tonnes. Winnipeg November canola futures fell 2% over the prior week to CAD 812 per tonne, and harvest progress trailed normal levels.
Bigger stock expectations reinforce global supply comfort and pressure canola complex prices. Expected higher crushing could also raise canola meal supply.
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.