# Canola's Stocks-to-Use Ratio Versus Price

> DTN charts global and Canadian canola stocks-to-use ratios alongside prices. USDA's April report raised global canola carryout to 7.56 mmt, the highest stocks-to-use in four years, and cut Canada's export forecast to 10.6 mmt. A Canadian producer estimated losses of $1 per bushel since China's restrictions.

- Date: 2019-04-09 · published 2019-04-09T12:00:00.000Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/59689-canola-s-stocks-to-use-ratio-versus-price
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Rising global carryout and weaker Canadian exports point to bearish canola pricing in the near term.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/canada-markets/blog-post/2019/04/09/canolas-stocks-use-ratio-versus

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