# Lower canola exports to increase ending stocks | The Western Producer

> Agriculture Canada raised its 2024-25 canola ending stock estimate to 2.5 million tonnes from 1.65 million, mainly because it cut 2023-24 exports by one million tonnes to six million. Analysts say the export pace has been poor and the production estimate was left unchanged despite early rains.

- Date: 2024-05-29 · published 2024-05-29T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/30226-lower-canola-exports-to-increase-ending-stocks-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Larger canola carryout signals ample supply and weaker export demand, which is bearish for canola complex prices.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/lower-canola-exports-to-increase-ending-stocks/

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