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Canadian canola crushers are planning large capacity increases, including a $360 million plant in Saskatchewan that will crush 1.1 million tonnes annually. Combined expansions would add 6.8 million tonnes, or 62%, against a supply base shrunk by drought.
Crush expansion raises demand for canola seed and increases meal output over time, but short supply may limit how many projects proceed, supporting seed prices.
ctvnews.caRod Nickel Reuters Staff ContactJan 21, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
