# Significant Decline in Canada's Canola Exports - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.

> 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/34559-significant-decline-in-canada-s-canola-exports-commodity-board-europe-is-an
- 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

- commodity-board.com: https://commodity-board.com/significant-decline-in-canadas-canola-exports/

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