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Oil World raised its 2025 Canadian canola crop estimate to 18.8 million tonnes and sown area to 8.75 million hectares. It cut canola export forecasts by 2 million tonnes to 7.3 million tonnes as beginning stocks fall.
Canola meal demand is expected to stay low because of China's restrictions and growing global soybean meal exports.
A larger crop supports supply, but lower exports and continued weak meal demand from China point to a bearish meal outlook. Tighter canola stocks could limit downside for oil and seed.
ukragroconsult.comJun 20, 2025Not 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.
