# Canola Seed, Oil and Meal Play Key Role in Record Value of Saskatchewan Agri-Food Exports | Country 600 CJWW

> Canola was the largest contributor to Saskatchewan's record agri-food export value in 2021, with canola seed exports at $3.6 billion and canola oil up 33.6%. Wheat exports fell 5%, and drought lowered yields for several crops.

- Date: 2022-02-15 · published 2022-02-15T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42680-canola-seed-oil-and-meal-play-key-role-in-record-value-of-saskatchewan-agri
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong canola processing exports reflect robust demand for canola oil and meal, supporting prices, while lower wheat and pulse volumes reflect the drought's supply impact.

## Read by commodity

- SBO: bullish ▲
- WHEAT: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2025-12-24 | [Argentina soybean oil and meal exports will decline](https://feedsoft.ai/events/13821-argentina-soybean-oil-and-meal-exports-will-decline.md) | -0.2% | +5.0% |
| SBO | 2023-11-28 | [Grain Journal \| US canola oil consumption reaches another record high](https://feedsoft.ai/events/33281-grain-journal-us-canola-oil-consumption-reaches-another-record-high.md) | -1.5% | -4.8% |
| SBO | 2019-11-25 | [Record Canola Crush Reported for October](https://feedsoft.ai/events/56170-record-canola-crush-reported-for-october.md) | -3.0% | +9.4% |
| SBO | 2021-04-08 | [USDA to expand forecasts on soyoil use in biofuels in May crop report - Markets - Business Recorder](https://feedsoft.ai/events/47668-usda-to-expand-forecasts-on-soyoil-use-in-biofuels-in-may-crop-report-markets.md) | +0.2% | +17.0% |
| SBO | 2023-08-22 | [Record use of soybean oil for biofuel in May - McKeany-Flavell](https://feedsoft.ai/events/34662-record-use-of-soybean-oil-for-biofuel-in-may-mckeany-flavell.md) | -1.1% | -8.2% |
| WHEAT | 2021-06-13 | [Explained: In Covid-19 pandemic, here are four food records \| Explained News - The Indian Express](https://feedsoft.ai/events/46515-explained-in-covid-19-pandemic-here-are-four-food-records-explained-news-the.md) | +5.8% | -5.4% |
| WHEAT | 2024-01-12 | [USDA Sees Record Corn Yield in Friday's Latest Reports](https://feedsoft.ai/events/32068-usda-sees-record-corn-yield-in-friday-s-latest-reports.md) | +0.4% | -1.5% |
| WHEAT | 2022-02-24 | [USDA sees bigger soy production, exports and crush for 2022-23 \| 2022-02-24 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/42780-usda-sees-bigger-soy-production-exports-and-crush-for-2022-23-2022-02-24-agri.md) | +6.8% | +25.3% |

## Sources

- cjwwradio.com: https://www.cjwwradio.com/2022/02/15/139299/

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