# Canadian canola market | Alberta.ca

> Alberta government analysts describe canola as Canada's main oilseed, with about 20 million tonnes of production, and note that canola meal competes with soybean meal as animal protein feed. The piece also outlines global vegetable oil supply, with palm oil the largest volume at 77 million tonnes.

- Date: 2023-04-24 · published 2023-04-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/36358-canadian-canola-market-alberta-ca
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Canola meal's competitive pricing against soybean meal shapes feed buyer substitution decisions, and the global vegetable oil balance frames price competition.

## Read by commodity

- SBM: neutral
- CANMEAL: neutral

## Sources

- alberta.ca: https://www.alberta.ca/agri-news-canadian-canola-market

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