# Analysts predict larger canola carryout | The Western Producer

> Analysts Marlene Boersch and Bruce Burnett expect Canada's 2023-24 canola carryout to be well above Agriculture Canada's one million tonne forecast, citing slow exports down 18 percent. Boersch lowered her export estimate to 7.5 million tonnes and raised production to 17.79 million tonnes.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/32658-analysts-predict-larger-canola-carryout-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A larger expected carryout implies more canola supply available, which is bearish for canola meal and oil prices unless export demand picks up.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/analysts-predict-larger-canola-carryout/

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