
Cargill has reaffirmed a C$350 million, one-million-tonne canola crush plant near Regina, scheduled to open in spring 2026. The industry expects much of the 5.8 million tonnes of seed previously destined for China to be crushed domestically instead.
New crush capacity should absorb seed and boost meal and oil output, adding supply to meal markets while supporting seed demand.
Not enough comparable past events yet for a historical read.
After 13 past neutral logistics events, Soybean Oil moved a median -0.4% over 5 sessions (38% higher; middle half -0.9% to +0.7%), and +2.0% 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.