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USDA's FAS projects Australian oilseed production at 6.15 million tonnes for 2025-26, up 3.5% and the third-largest crop on record. Canola exports are forecast to fall 4% to 4.65 million tonnes, while canola oil exports could hit a record 290,000 tonnes.
A larger Australian crop adds canola supply to export markets, which is mildly bearish for canola meal and oil prices. The crush increase also raises domestic meal availability.
Not 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.