# Canola crush of 2022 smallest in five years - Grainews

> Statistics Canada reported 2022 domestic canola crush of 8.769 million tonnes, down 11% from 2021, with canola oil and meal output also falling. Soybean crush rose 13.3% to 1.869 million tonnes over the same period.

- Date: 2023-03-13 · published 2023-03-13T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/36962-canola-crush-of-2022-smallest-in-five-years-grainews
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller canola crush cut domestic canola meal supply, while the higher soybean crush adds soybean meal supply, shifting feed protein availability in Canada.

## Read by commodity

- SBM: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-01-19 | [China’s 2022 pork output rises to highest in eight years](https://feedsoft.ai/events/37766-china-s-2022-pork-output-rises-to-highest-in-eight-years.md) | -2.5% | +1.9% |
| SBM | 2022-10-06 | [Early rains boost hopes for record Brazilian corn, soybean output in 2022-23 - Grain Price News](https://feedsoft.ai/events/13693-early-rains-boost-hopes-for-record-brazilian-corn-soybean-output-in-2022-23.md) | +4.4% | +5.8% |
| SBM | 2018-11-09 | [Argentina's grain sector is set to recover in the coming years - DatamarNews](https://feedsoft.ai/events/61890-argentina-s-grain-sector-is-set-to-recover-in-the-coming-years-datamarnews.md) | -0.2% | +0.6% |
| SBM | 2024-11-01 | [Soybean crush, corn for ethanol use up on year - Brownfield Ag News](https://feedsoft.ai/events/27503-soybean-crush-corn-for-ethanol-use-up-on-year-brownfield-ag-news.md) | -0.5% | -4.5% |
| SBM | 2017-07-11 | [June estimate indicates grain harvest increase of 30.1% against 2016 figure \| News Agency](https://feedsoft.ai/events/69793-june-estimate-indicates-grain-harvest-increase-of-30-1-against-2016-figure-news.md) | -4.3% | -8.4% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/canola-crush-of-2022-smallest-in-five-years/

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