# Canola year in review and 2018 outlook - Grain Central

> Australian canola production in 2017 was mixed, with dry conditions in Western Australia and New South Wales cutting yields, particularly in NSW. Prices fell in much of Australia after overly pessimistic estimates pushed canola out of EU crusher markets, and exports are running at their slowest pace in five years despite a reasonable surplus.

- Date: 2018-02-27 · published 2018-02-27T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66603-canola-year-in-review-and-2018-outlook-grain-central
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Slow Australian canola exports and lost EU demand leave supply available for meal and oil markets, which weighs on canola-based feed prices.

## Read by commodity

- CANMEAL: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/cropping/canola-year-in-review/

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