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Agriculture Canada's May report penciled in a negative feed, waste and dockage figure of minus 609,000 tonnes after raising 2024-25 canola exports to 8.5 million tonnes. Analysts say tight canola stocks suggest the ending stocks estimate may need to be cut sharply.
Tighter Canadian canola supply raises the likelihood of higher crush and meal prices, as booming exports leave less feed-grade material available.
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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.