# Statistics Canada Reports Record October Canola Crush

> Statistics Canada reported a record October canola crush of 931,060 tonnes, up 5.5% year on year and 10% above the three-year average. Year-to-date crush is 2.547 million tonnes, up 2.7%. AAFC kept its 9.8 million tonne crush forecast unchanged and a 2.25 million tonne carryout.

- Date: 2020-11-24 · published 2020-11-24T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/50259-statistics-canada-reports-record-october-canola-crush
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong crush keeps demand for canola seed high and supports canola meal supply for feed, though the pace needed to meet forecasts is manageable, leaving the outlook balanced.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2020/11/24/statistics-canada-reports-record

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