# AAFC tightens canola stocks projections - Grainews

> Agriculture and Agri-Food Canada tightened its canola ending stocks forecasts, with 2020-21 stocks at 2.3 million tonnes, the tightest in four years. Wheat ending stocks for 2020-21 were also trimmed to 6.8 million tonnes.

- Date: 2020-05-24 · published 2020-05-24T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/53244-aafc-tightens-canola-stocks-projections-grainews
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tighter Canadian canola carryout supports canola meal and oilseed prices, although AAFC expects abundant world supplies to pressure prices overall.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/aafc-tightens-canola-stocks-projections/

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