# Canola prices react to Canadian production report

> Statistics Canada's final crop report put Canadian canola production at 21.8 million tonnes, up more than 8% from its September estimate and about 2.5 million tonnes above last year. Average yields exceeded 2,200 pounds per acre on over 21 million acres.

- Date: 2025-12-09 · published 2025-12-09T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/21603-canola-prices-react-to-canadian-production-report
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A larger-than-expected Canadian canola crop adds to global oilseed supply, pressuring canola and rapeseed prices and the meal and oil that compete with soybean products.

## Read by commodity

- SBO: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-02-16 | [Canola exports, soy oil and meal all affect canola’s price \| The Western Producer](https://feedsoft.ai/events/37285-canola-exports-soy-oil-and-meal-all-affect-canola-s-price-the-western-producer.md) | +1.9% | -6.8% |
| SBO | 2017-09-12 | [USDA Sees Larger Canadian Wheat and Canola Crops](https://feedsoft.ai/events/68932-usda-sees-larger-canadian-wheat-and-canola-crops.md) | -1.7% | -5.1% |
| SBO | 2018-05-31 | [Argentina’s soybean production to rebound \| World-grain.com \| May 31, 2018 13:53 \| World Grain](https://feedsoft.ai/events/64864-argentina-s-soybean-production-to-rebound-world-grain-com-may-31-2018-13-53.md) | -2.6% | -7.8% |
| SBO | 2024-03-08 | [USDA maintains forecast for soybean oil use in biofuel production, reduces forecast for soybean oil prices \| Biomass Magazine](https://feedsoft.ai/events/31293-usda-maintains-forecast-for-soybean-oil-use-in-biofuel-production-reduces.md) | +3.6% | +6.2% |
| SBO | 2017-05-15 | [USDA: Sunflower oil production in Ukraine will reach 5.63 mln. tonnes in the current season](https://feedsoft.ai/events/71118-usda-sunflower-oil-production-in-ukraine-will-reach-5-63-mln-tonnes-in-the.md) | +1.3% | -2.1% |

## Sources

- agupdate.com: https://agupdate.com/farmandranchguide/markets/crop/article_e61cd8fc-8afc-4e9e-b2b4-7a1a60f5cc2c.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.