# Canola prices struggling | Alberta.ca

> Alberta government analyst Neil Blue says canola prices have struggled this crop year, with canola exports at the one-third point down 23 percent year on year. Canadian crushers used 300,000 tonnes more canola than a year earlier, but total usage remains lower.

- Date: 2023-12-11 · published 2023-12-11T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/32660-canola-prices-struggling-alberta-ca
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Weak export demand and lower total usage keep canola prices under pressure, while stronger crush demand is the key factor needed to support a recovery.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- alberta.ca: https://www.alberta.ca/agri-news-canola-prices-struggling

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