# In the new season will increase the demand for canola and canola

> Oil World forecasts major canola and rapeseed exporters will ship 17.35 million tonnes in 2018/19, up 7%, as China boosts rapeseed purchases to offset lower soybean imports. World rapeseed and canola production is forecast to fall to 65.17 million tonnes, and EU rapeseed output is seen at a seven-year low of 19.5 million tonnes.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/63518-in-the-new-season-will-increase-the-demand-for-canola-and-canola
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Rising Chinese rapeseed demand and tighter world and EU rapeseed supply support canola meal and oil prices, while lower world stocks reinforce firm pricing.

## Read by commodity

- SBO: bullish ▲
- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-04-08 | [USDA Raises Soybean Exports Estimate, but Gro Predicts Demand Will Increase Further](https://feedsoft.ai/events/41878-usda-raises-soybean-exports-estimate-but-gro-predicts-demand-will-increase.md) | -0.1% | +1.9% |
| SBO | 2025-03-14 | [Global soybean crush forecast hits record high amid increased demand \| Feed & Grain](https://feedsoft.ai/events/25657-global-soybean-crush-forecast-hits-record-high-amid-increased-demand-feed-and.md) | +2.4% | +10.0% |
| SBO | 2024-02-13 | [Biofuel Canola OIl Demand Reaches Record Hight - The Jacobsen](https://feedsoft.ai/events/15240-biofuel-canola-oil-demand-reaches-record-hight-the-jacobsen.md) | -3.6% | -2.7% |
| SBO | 2018-03-28 | [The increased production of biodiesel will strengthen oilseed prices in 2018](https://feedsoft.ai/events/66097-the-increased-production-of-biodiesel-will-strengthen-oilseed-prices-in-2018.md) | +0.3% | -2.5% |
| SBO | 2024-11-05 | [Grain and Biofuel Outlook: Biofuels Creating Needed Demand for Ample U.S. Harvests](https://feedsoft.ai/events/27505-grain-and-biofuel-outlook-biofuels-creating-needed-demand-for-ample-u-s-harvests.md) | +4.1% | -8.4% |
| SOY | 2020-06-15 | [The forecast increase in soybean production will increase pressure on oilseed prices in the new season](https://feedsoft.ai/events/52737-the-forecast-increase-in-soybean-production-will-increase-pressure-on-oilseed.md) | +0.6% | +0.6% |
| SOY | 2025-12-09 | [Global Oilseed Supply and Demand Strengthen in the New Season - Feed & Additive Magazine](https://feedsoft.ai/events/21625-global-oilseed-supply-and-demand-strengthen-in-the-new-season-feed-and-additive.md) | -2.0% | -3.7% |
| SOY | 2026-04-20 | [Higher US grain stocks increase demand for transportation \| World Grain](https://feedsoft.ai/events/16374-higher-us-grain-stocks-increase-demand-for-transportation-world-grain.md) | -0.3% | +0.8% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/v-novomu-sezoni-viroste-popit-na-ripak-ta-kanolu.html

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