# Canada: Oilseeds Update - Canola | USDA Foreign Agricultural Service

> USDA FAS Canada reduced its 2018/19 canola seed export estimate due to further disruption of shipments to China. It also raised 2018/19 ending stocks and cut 2019/20 planted area while raising 2019/20 ending stocks.

- Date: 2019-05-21 · published 2019-05-21T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/59065-canada-oilseeds-update-canola-usda-foreign-agricultural-service
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower export forecasts and larger ending stocks signal a burdensome global oilseed supply, which points to weaker canola meal and seed prices in the near term.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- fas.usda.gov: https://www.fas.usda.gov/data/canada-oilseeds-update-canola

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