# Research essential to help canola meet strong demand – Canola Digest

> Canola industry leader Jim Everson argues that research is needed to meet strong global demand for canola. He cites growing demand for healthy oils, aquaculture and human protein uses, and renewable fuel mandates in Canada and the US, while noting the ongoing China trade disruption.

- Date: 2022-02-17 · published 2022-02-17T12:00:00.000Z
- Category: policy · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42678-research-essential-to-help-canola-meet-strong-demand-canola-digest
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expanding renewable fuel mandates could add durable demand for canola oil, supporting canola and vegetable oil prices over the long run.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-08-06 | [REG: Biodiesel, renewable diesel demand remains strong  \| Biomass Magazine](https://feedsoft.ai/events/51489-reg-biodiesel-renewable-diesel-demand-remains-strong-biomass-magazine.md) | +0.9% | +6.2% |
| SBO | 2022-02-01 | [Senators call on EPA to set strong RFS RVOs, deny pending SREs  \| Biodiesel Magazine](https://feedsoft.ai/events/15415-senators-call-on-epa-to-set-strong-rfs-rvos-deny-pending-sres-biodiesel-magazine.md) | +1.1% | +8.8% |
| SBO | 2019-11-12 | [Brazil to boost biodiesel blend to 15% by 2023, helping soy demand](https://feedsoft.ai/events/55928-brazil-to-boost-biodiesel-blend-to-15-by-2023-helping-soy-demand.md) | -2.5% | +0.2% |
| SBO | 2017-08-01 | [NSB-funded research key to expanding California biodiesel market](https://feedsoft.ai/events/69333-nsb-funded-research-key-to-expanding-california-biodiesel-market.md) | -3.5% | -0.3% |
| SBO | 2017-01-18 | [State on target to meet biodiesel mandate - Session Daily - Minnesota House of Representatives](https://feedsoft.ai/events/72885-state-on-target-to-meet-biodiesel-mandate-session-daily-minnesota-house-of.md) | -0.8% | -4.0% |

## Sources

- canoladigest.ca: https://canoladigest.ca/march-2022/research-essential-to-help-canola-meet-strong-demand/

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