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Canadian canola exports to Mexico fell 65% to 279,900 tonnes in the first seven months of 2023-24, compared with a year earlier. Exports to China fell 22% and to Japan fell 20%, while Australian canola has gained share in Mexico on price.
Lost Canadian export share to cheaper Australian canola weighs on Canadian canola prices and the meal and oil export balance.
producer.comSean PrattApr 25, 2024Not 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.
