# Canada: canola prices expected to stay high 04.02.2022 - UkrAgroConsult

> PI Financial's Ken Ball says new-crop canola at about C$840 per tonne is unlikely to fall, even with a good Canadian crop. He expects EU, Black Sea and Australian supplies to offset only part of Canada's deficit after its 14.5 million tonne harvest.

- Date: 2022-02-04 · published 2022-02-04T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/42681-canada-canola-prices-expected-to-stay-high-04-02-2022-ukragroconsult
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expectations of firm new-crop canola prices and limited supply relief support canola and meal values for buyers.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/canada-canola-prices-expected-to-stay-high/

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