# Canola Market Outlook: April 15, 2024

> Mercantile Consulting's weekly outlook says year-to-date canola disappearance is 11.8 million tonnes, down 12% on last year. Domestic crush margins improved as crude oil rose, and canola oil is moving to the US for blending, while seed exports remain weak.

- Date: 2024-04-16 · published 2024-04-16T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/30715-canola-market-outlook-april-15-2024
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Stronger crush margins support meal production and the meal balance, while weak seed exports leave excess supply in Canada.

## Read by commodity

- CANMEAL: neutral

## Sources

- saskcanola.com: https://www.saskcanola.com/market-outlook-articles/canola-market-outlook-april-15-2024

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