# Can canola markets find traction? - Manitoba Co-operator

> Canadian canola exports have been slow, and AAFC cut its 2023-24 export forecast to 6 million tonnes and its 2024-25 forecast to 6.9 million tonnes. USDA projects larger Canadian canola production in 2024-25 than AAFC, and European rapeseed prices have risen, which could open new export markets.

- Date: 2024-06-04 · published 2024-06-04T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/29735-can-canola-markets-find-traction-manitoba-co-operator
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower export forecasts and a large expected crop point to ample canola supply, while the price recovery in European rapeseed offers some support to canola values.

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/can-canola-markets-find-traction/

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