# Chinese canola purchases surpass USDA expectations | The Western Producer

> USDA data show China bought about 5.1 million tonnes of canola in the 2022-23 crop year ending in September, far above the 2.5 million tonnes USDA forecast in January. Canada shipped 4.71 million tonnes to China, up from 1.22 million the previous year, helped by Canada's production rebound and Australia's record crop.

- Date: 2023-09-22 · published 2023-09-22T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/34057-chinese-canola-purchases-surpass-usda-expectations-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong Chinese canola demand supported canola prices over the past year, but the USDA projects lower Chinese imports in 2023-24, which weighs on the outlook for canola and related meal.

## Read by commodity

- SBO: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-09-28 | [Chinese canola purchases surpass USDA expectations \| The Western Producer](https://feedsoft.ai/events/34059-chinese-canola-purchases-surpass-usda-expectations-the-western-producer.md) | +0.4% | -7.1% |
| SBO | 2025-12-15 | [Canola carryout problem requires policy changes \| The Western Producer](https://feedsoft.ai/events/21447-canola-carryout-problem-requires-policy-changes-the-western-producer.md) | -3.3% | -1.2% |
| SBO | 2023-06-08 | [Emerging canola processing at home will affect exports \| The Western Producer](https://feedsoft.ai/events/35462-emerging-canola-processing-at-home-will-affect-exports-the-western-producer.md) | +9.0% | +25.4% |
| SBO | 2023-06-01 | [Emerging canola processing at home will affect exports \| The Western Producer](https://feedsoft.ai/events/35458-emerging-canola-processing-at-home-will-affect-exports-the-western-producer.md) | +4.8% | +21.3% |
| SBO | 2023-03-23 | [High prices keep Canadian canola out of European Union \| The Western Producer](https://feedsoft.ai/events/36960-high-prices-keep-canadian-canola-out-of-european-union-the-western-producer.md) | -1.7% | -3.7% |

## Sources

- producer.com: https://www.producer.com/news/chinese-canola-purchases-surpass-usda-expectations/

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