# COVID-19 affecting canola market

> US consumers are eating at home more because of COVID-19, which reduces canola oil use in restaurants and food service. North Dakota farmers have planted slightly less canola than expected, and prices have been held down.

- Date: 2020-07-07 · published 2020-07-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52232-covid-19-affecting-canola-market
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower food-service demand for canola oil weighs on prices and reduces planted area, which may tighten supply later in the season.

## Sources

- agweek.com: https://agweek.com/business/covid-19-affecting-canola-market

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