# Canola markets feel the pressure of high crop expectations, weakening demand - RealAgriculture

> Canola prices are under pressure from high crop expectations and weaker demand, with Viterra's analyst noting China accounted for 4 million of roughly 10 million tonnes of seed exports. Canada could end the crop year with carryout of six to seven million tonnes, down from a large carryout last year.

- Date: 2019-10-23 · published 2019-10-23T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/56544-canola-markets-feel-the-pressure-of-high-crop-expectations-weakening-demand
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Weak demand from the loss of China and harvest selling pressure point to lower canola prices, though a smaller expected carryout limits the downside.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- realagriculture.com: https://www.realagriculture.com/2019/10/canola-has-a-problem-with-itself-and-soybeans/

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