# Sheep-fodder value shrinks NSW canola as seed hits market - Grain Central

> The area of canola being harvested in New South Wales is roughly half what was planted, as farmers grazed and cut hay for sheep. Domestic crushers are competing for seed, with prices above $600 per tonne delivered, prompting cash sales from growers.

- Date: 2019-11-08 · published 2019-11-08T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56167-sheep-fodder-value-shrinks-nsw-canola-as-seed-hits-market-grain-central
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A sharply smaller Australian canola crop reduces export availability and supports canola meal and seed prices, while strong crusher demand limits downside.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- graincentral.com: https://www.graincentral.com/cropping/sheep-fodder-value-shrinks-nsw-canola-as-seed-hits-market/

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