# Minimal canola carryover | Alberta.ca

> Alberta government analysis says Canadian canola carryover will be extremely small even if 2021 production is revised higher. Exports are running about half of last year's pace while domestic crush is only slightly below last year. Record canola prices have been set for both futures and cash.

- Date: 2022-05-16 · published 2022-05-16T12:00:00.000Z
- Category: market · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/41513-minimal-canola-carryover-alberta-ca
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Very tight carryout supports canola prices and limits export availability, which keeps canola meal costs elevated for feed users until the new crop arrives.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Sources

- alberta.ca: https://www.alberta.ca/agri-news-minimal-canola-carryover

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