# USDA expects canola, sunflowers elsewhere to offset Canada's shortfalls - AgCanada

> USDA's December oilseeds outlook raised global canola and rapeseed production by 850,000 tonnes to 68.35 million, led by Australia, the EU, India and Russia. Canada's crop was cut to 12.6 million tonnes, and its 2021-22 exports were forecast at 5.3 million tonnes. Large world sunflower seed crops are expected to offset Canada's shortfall.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43567-usda-expects-canola-sunflowers-elsewhere-to-offset-canada-s-shortfalls-agcanada
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher global canola output and large sunflower supplies partly offset Canada's shortfall, limiting upside for canola meal. Sunflower meal faces added supply pressure from the larger crop.

## Read by commodity

- CANMEAL: neutral
- SUNMEAL: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/usda-expects-canola-sunflowers-elsewhere-to-offset-canadas-shortfalls

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