# East coast canola shortage looms | Farm Online | ACT

> Failing east coast canola crops mean Australian crushers may need to source seed from interstate or overseas this season. The Australian Oilseeds Federation says the 2.66 million tonne crop forecast is no longer realistic, with further cuts expected and frost damage reported.

- Date: 2018-09-25 · published 2018-09-25T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/63131-east-coast-canola-shortage-looms-farm-online-act
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A tighter Australian canola supply raises demand for imported seed and supports domestic basis, pushing up crush-related meal and oil costs.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5666393/east-coast-canola-shortage-looms/

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