# Canadian canola project takes tilt at soymeal: IRC - Grain Central

> Protein Industries Canada program manager Lisa Campbell told the International Rapeseed Congress in Sydney about a project involving Corteva, Bunge and Botaneco to develop a canola meal with a protein profile closer to soymeal. The initiative aims primarily to displace imported soymeal in poultry and pig rations in Canada.

- Date: 2023-09-29 · published 2023-09-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/34054-canadian-canola-project-takes-tilt-at-soymeal-irc-grain-central
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

If canola meal can match soymeal's protein, Canadian feed formulators could substitute domestic canola meal for imported soymeal, modestly bearish soymeal demand and supportive for canola meal, though the project is still years from commercial scale.

## Read by commodity

- SBM: bearish ▼
- CANMEAL: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/markets/canadian-canola-project-takes-tilt-at-soymeal-irc/

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