# Statistics Canada Releases December Crush Data

> Statistics Canada reported December canola crush of 826,445 mt, down for a second month and 17.3% above December 2021. Cumulative August-December crush was 4.016 million mt, 5.6% above last year. Board crush margin averaged $213.85/mt, well below the prior month.

- Date: 2023-01-25 · published 2023-01-25T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/37879-statistics-canada-releases-december-crush-data
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Slower crush reduces canola meal output, supportive for meal prices, while a narrower board crush margin reduces the incentive to crush and may lower future meal supply.

## Read by commodity

- SBO: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-10-27 | [Statistics Canada Reports September Crush Data](https://feedsoft.ai/events/50616-statistics-canada-reports-september-crush-data.md) | -3.7% | +11.9% |
| SBO | 2020-12-24 | [Canada's November Canola Crush at Near-Record Levels](https://feedsoft.ai/events/49749-canada-s-november-canola-crush-at-near-record-levels.md) | +4.8% | +1.6% |
| SBO | 2026-08-26 | [Canada’s canola crush to hit record and continue growing](https://feedsoft.ai/events/6515-canada-s-canola-crush-to-hit-record-and-continue-growing.md) | +9.2% | +3.7% |
| SBO | 2019-09-27 | [Canada's canola crush down slightly in August - Grainews](https://feedsoft.ai/events/57170-canada-s-canola-crush-down-slightly-in-august-grainews.md) | +2.7% | +8.0% |
| SBO | 2018-08-28 | [Canada’s July canola crush set record for the month - McKeany-Flavell](https://feedsoft.ai/events/63514-canada-s-july-canola-crush-set-record-for-the-month-mckeany-flavell.md) | +0.1% | -0.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2023/01/25/statistics-canada-releases-december

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