# Canadian oilseeds output projected to rebound | World Grain

> A USDA GAIN report projects Canada's 2022-23 oilseed production to rise 35% to 25.7 million tonnes, rebounding from drought-hit 2021-22 canola yields. Canola stocks are forecast to fall to multi-decade lows by the end of 2021-22.

- Date: 2022-04-11 · published 2022-04-11T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/41790-canadian-oilseeds-output-projected-to-rebound-world-grain
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A larger expected Canadian crop eases future canola supply, but tight old-crop stocks and strong demand keep near-term meal and oil prices supported.

## Read by commodity

- SBO: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-05-13 | [Grain Journal \| USDA Oilseeds: World Markets and Trade (May 12):…](https://feedsoft.ai/events/47200-grain-journal-usda-oilseeds-world-markets-and-trade-may-12.md) | +0.2% | +2.5% |
| SBO | 2021-01-05 | [USDA Reports Record Oilseed Crushing \| Feed & Grain](https://feedsoft.ai/events/49250-usda-reports-record-oilseed-crushing-feed-and-grain.md) | -1.5% | +4.2% |
| SBO | 2022-07-06 | [Could a drop in Canadian canola area support rapeseed prices? Grain market daily \| AHDB](https://feedsoft.ai/events/40595-could-a-drop-in-canadian-canola-area-support-rapeseed-prices-grain-market-daily.md) | -0.8% | +0.5% |
| SBO | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +1.4% | +3.0% |
| SBO | 2019-10-08 | [Argentina soybean exports revised downward \| 2019-10-08  \| World Grain](https://feedsoft.ai/events/56411-argentina-soybean-exports-revised-downward-2019-10-08-world-grain.md) | -0.4% | +6.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/16751-canadian-oilseeds-output-projected-to-rebound

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