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Rabobank's new report says Australia could roughly double its canola crushing capacity, but growth depends on finding buyers for canola meal as well as oil. The bank estimates replacing about 1.02 million tonnes of imported meal-equivalent could add up to 2 million tonnes of crushing capacity.
Domestic canola meal would displace imported soybean meal and palm kernel expeller in Australian feed, which is bearish for those imports and supportive for canola meal demand.
netimes.com.auRK CrosbyAug 20, 2026Not enough comparable past events yet for a historical read.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
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.
