# Canola Crush Pushes Higher to End the Crop Year

> Statistics Canada reported July canola crush at 773,998 tonnes, the largest in eight months, bringing the 2021-22 crop-year crush to 8.555 million tonnes, down 17.9% year on year. Oil content averaged 41.8% for the crop year, the lowest since 2004-05.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/40002-canola-crush-pushes-higher-to-end-the-crop-year
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Robust crush demand supports canola meal supply and prices, while low oil content reduces oil output per tonne crushed.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/canada-markets/blog-post/2022/08/26/canola-crush-pushes-higher-end-crop

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