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Canadian Grain Commission Harvest Sample Program data show canola oil content rose to 45.0% in 2017, up from 44.5% in 2016 and a five-year average of 44.2%. Meal protein content is steady and oil quality remains within canola standards.
Higher oil content shifts value toward crushing margins and oil, while meal output per tonne of seed trends lower, which can tighten meal supply for feed buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.