
Canadian canola crushers say capacity utilization fell to 65% after China's tariffs but has recovered to about 90%, near normal. Crush capacity is set to expand to 15 million tonnes in 2026, driven mainly by biofuel demand.
Higher crush supports demand for canola meal and oil, but the loss of Chinese export outlets keeps meal supply heavy, a mixed price signal.
Not enough comparable past events yet for a historical read.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
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.