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Statistics Canada reported a record monthly canola crush of nearly 1.2 million tonnes in June. USDA raised its 2025/26 Canadian crush estimate to a record 12.7 million tonnes and its 2026/27 forecast to 13.7 million tonnes, with record canola oil exports expected.
Record crush increases canola meal supply, which is bearish for meal prices, while strong crush margins near C$200/t and biofuel demand support oil use.
ukragroconsult.comAug 26, 2026Not enough comparable past events yet for a historical read.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% 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.
