# Canola crush margins reach ‘staggering’ levels

> Canola crush margins have reached record levels, with PI Financial's Ken Ball reporting a crush index of $325 per tonne. He notes Canadian production forecasts of 19.1 million tonnes do not justify the margins, and Australian crop prospects could cap prices.

- Date: 2022-09-16 · published 2022-09-16T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/39548-canola-crush-margins-reach-staggering-levels
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Very high crush margins drive strong processing and meal output, while a possible Australian canola crop of about 7.5 million tonnes could limit upside in canola values.

## Read by commodity

- SBO: neutral
- CANMEAL: bearish ▼

## Sources

- producer.com: https://www.producer.com/news/canola-crush-margins-reach-staggering-levels/

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