# ‘Expensive’ canola results in imports | The Western Producer

> Canadian canola is priced about US$45 per tonne above other major exporters such as Australia, causing it to lose sales in price-sensitive markets. Cargill advisers said Canadian processors have even imported canola from Europe, and slow movement of canola off farms reflects the weak export position.

- Date: 2024-01-25 · published 2024-01-25T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/32077-expensive-canola-results-in-imports-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A price premium over competitors cuts export demand and pushes more supply into domestic crush and meal. That weighs on canola meal values unless offshore buyers return.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/expensive-canola-results-in-imports/

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