# Australian grains set to rule the world | The Land | NSW

> An AWB analyst says New South Wales oilseed growers are well placed to benefit from tight global canola seed supply and low stocks. Europe's harvest is ending near forecasts, and attention is shifting to Australian supplies. Canada is expected to trade only what its reduced production allows.

- Date: 2021-08-17 · published 2021-08-17T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/45546-australian-grains-set-to-rule-the-world-the-land-nsw
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Australia's canola export opportunity grows as Canadian supply shrinks and European crush demand turns to Australian seed. Higher export demand for Australian canola supports canola meal and seed prices.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- theland.com.au: https://www.theland.com.au/story/7388788/opportunities-for-oilseeds-as-grains-sector-digests-harvest-production-data/

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