# As canola prices surge, Canadian farmers look to increase plantings - The Globe and Mail

> Canadian canola prices have traded above $700 a tonne, up more than 15% year to date, the highest since 2008. Farmers have sold much of their crop early, with one Alberta grower estimating 90% sold.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: market · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/48608-as-canola-prices-surge-canadian-farmers-look-to-increase-plantings-the-globe
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tight farm-gate canola supply and strong prices encourage larger spring plantings, which could ease supply later but support oilseed and meal values near term.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/business/article-as-canola-prices-surge-canadian-farmers-look-to-increase-plantings/

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