# Canada: сanola prices still have room to grow: analyst 21.03.2022 - UkrAgroConsult

> A MarketsFarm analyst says Canadian canola prices remain well supported despite record values near $24 to $26 per bushel. World vegetable oil stocks are tight, and Ukraine's sunflower and rapeseed crops are uncertain, with Ukrainian sunflower acreage expected to be the lowest in 13 years.

- Date: 2022-03-21 · published 2022-03-21T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42235-canada-anola-prices-still-have-room-to-grow-analyst-21-03-2022-ukragroconsult
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight global vegetable oil stocks and reduced Ukrainian sunflower supply support vegetable oil and sunflower meal prices, which in turn supports demand for competing oilseed meals.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-sanola-prices-still-have-room-to-grow-analyst/

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