# Canola recovery still possible | The Western Producer

> Canadian canola exports are running about one million tonnes behind the pace needed to meet the 7.7 million tonne government target. Sales to China have been weak, although China bought 450,000 tonnes in November. Domestic crush is running 350,000 tonnes ahead of the estimated pace.

- Date: 2024-01-17 · published 2024-01-17T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/32082-canola-recovery-still-possible-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lagging exports leave more supply domestically, but strong crush supports meal output. Chinese buying is the main swing factor for canola prices.

## Read by commodity

- CANMEAL: neutral

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-canola-recovery-still-possible/
- producer.com: https://www.producer.com/news/canola-recovery-still-possible/

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