# Margins reach ‘staggering’ levels for canola crushers | The Western Producer

> Canola crush margins have surged to record levels, with the crush index reaching $325 per tonne and a gross margin of $7.37 per bushel. Analysts note Statistics Canada forecasts 19.1 million tonnes of canola, far short of what would justify such margins.

- Date: 2022-09-22 · published 2022-09-22T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/39544-margins-reach-staggering-levels-for-canola-crushers-the-western-producer
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Extremely strong crush margins encourage processors to run plants hard, boosting canola meal output and supporting meal supply, while tight seed supplies underpin canola values.

## Read by commodity

- SBO: neutral
- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/markets/margins-reach-staggering-levels-for-canola-crushers/

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