# Viterra to build world's biggest canola-crushing plant in Regina with eye to fuel market | Financial Post

> Viterra plans to build the world's largest canola crushing plant in Regina, Saskatchewan, with capacity of 2.5 million tonnes per year, opening in late 2024. The company cites growing demand for renewable diesel alongside food uses.

- Date: 2021-04-26 · published 2021-04-26T12:00:00.000Z
- Category: trade · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/47706-viterra-to-build-world-s-biggest-canola-crushing-plant-in-regina-with-eye-to
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Large new crush capacity adds structural demand for canola seed and meal, supporting prices as renewable fuel demand grows.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/commodities/energy/renewables/viterra-latest-to-build-canada-canola-plant-as-demand-surges

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