# Tightening canola ending stocks for 2024/25: AAFC - MarketsFarm

> Agriculture and Agri-Food Canada lowered its 2024/25 canola production forecast to 18.1 million tonnes from 18.365 million. It projects canola ending stocks will tighten to 1.65 million tonnes from 2.0 million in 2023/24. Wheat production was raised to 34.593 million tonnes, and wheat ending stocks are forecast to rise to 4.4 million tonnes.

- Date: 2024-03-20 · published 2024-03-20T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/31316-tightening-canola-ending-stocks-for-2024-25-aafc-marketsfarm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tighter canola stocks support canola-based feed prices, while a larger wheat carryout is bearish for wheat as a feed grain. The combined effect is a firmer oilseed meal outlook and softer wheat values.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-04-10 | [US Corn and Soybean Ending Stocks Decrease in 2024/2025](https://feedsoft.ai/events/25067-us-corn-and-soybean-ending-stocks-decrease-in-2024-2025.md) | +1.5% | +4.8% |
| WHEAT | 2026-09-30 | [Report Reaction \| USDA shows 2025/26 corn ending stocks above 2-billion bushel mark - Pro Farmer](https://feedsoft.ai/events/17407-report-reaction-usda-shows-2025-26-corn-ending-stocks-above-2-billion-bushel.md) | -2.9% | +0.4% |
| WHEAT | 2024-07-12 | [USDA Hikes Corn Production, but Lowers 2024-25 Corn Ending Stocks](https://feedsoft.ai/events/29201-usda-hikes-corn-production-but-lowers-2024-25-corn-ending-stocks.md) | -3.9% | -2.9% |
| WHEAT | 2018-12-06 | [Tighter StatsCan canola crop won't affect market, analysts say - AgCanada](https://feedsoft.ai/events/61673-tighter-statscan-canola-crop-won-t-affect-market-analysts-say-agcanada.md) | -0.1% | +1.5% |
| WHEAT | 2025-05-13 | [Terrain \| May 2025 WASDE Sets the Stage for Markets](https://feedsoft.ai/events/24699-terrain-may-2025-wasde-sets-the-stage-for-markets.md) | -4.2% | -2.6% |

## Sources

- marketsfarm.com: https://marketsfarm.com/tightening-canola-ending-stocks-for-2024-25-aafc/

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