# ICE weekly outlook: Canola enters volatile harvest period - AgCanada

> ICE November 2023 canola is trading just below C$800 per tonne as the harvest approaches. Analysts expect the Canadian crop to be 16.5-19 million tonnes, with one leaning toward 17.5 million, below the government estimate of 18.8 million.

- Date: 2023-08-16 · published 2023-08-16T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/34561-ice-weekly-outlook-canola-enters-volatile-harvest-period-agcanada
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Harvest pressure is likely to bring volatility, but strong vegetable oil markets and wide crush margins limit downside, so price direction is unclear.

## Read by commodity

- CANMEAL: neutral

## Sources

- agcanada.com: https://www.agcanada.com/daily/ice-weekly-outlook-canola-enters-volatile-harvest-period

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