# Canadian canola harvest expected to drop 4.8%, the smallest crop in four years | Financial Post

> Statistics Canada expects 2019 canola production to fall 4.8% to 19.4 million tonnes, even though yields are forecast to rise 3.8% to 41.3 bushels per acre. Harvested area is down 8.3%, making this the smallest canola crop in four years. Wheat output is forecast up 0.9% to 32.5 million tonnes, with a 13% drop in durum.

- Date: 2019-09-12 · published 2019-09-12T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/57055-canadian-canola-harvest-expected-to-drop-4-8-the-smallest-crop-in-four-years
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A smaller canola crop tightens domestic supply and supports canola meal prices, partly offsetting the weak export demand from China. The reduction in harvested area is a key factor for supply through the 2019-20 marketing year.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/commodities/agriculture/canadian-canola-harvest-expected-to-drop-4-8-the-smallest-in-four-years

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