
Agriculture and Agri-Food Canada raised its 2026/27 canola ending stocks forecast to 1.979 million tons from 1.504 million in August, an increase of 475 thousand tons or nearly 32%. The prior-season ending stocks estimate also rose by 175 thousand tons to 1.9 million tons.
Larger Canadian carryover signals ample global canola supply, which weighs on seed prices and expected crush volumes. The resulting extra meal supply pressures canola meal prices.
Not enough comparable past events yet for a historical read.
After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.