# Canada in June exported the lowest volume of canola in 9 months

> Canada exported only 292,000 tonnes of canola seed in June, the lowest monthly volume in nine months, as Chinese demand fell. Shipments to China rose sharply in January-June, and exports are expected to recover to 480,000-500,000 tonnes in July.

- Date: 2023-08-11 · published 2023-08-11T12:00:00.000Z
- Category: trade · region Canada · magnitude low
- Page: https://feedsoft.ai/events/34558-canada-in-june-exported-the-lowest-volume-of-canola-in-9-months
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Weaker June exports leave more canola available domestically, which is mildly bearish for canola prices, though the expected July recovery limits the effect.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-in-june-exported-the-lowest-volume-of-canola-in-9-months/

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