# Canada: Low canola stocks limit export

> Canadian canola stocks at the start of August were 1.5 million tonnes, down 26% year on year and at a four-year low. Strong domestic crushing and exports drew supplies down, and possible U.S. demand is expected to rise after Argentine biodiesel supply was suspended.

- Date: 2017-09-01 · published 2017-09-01T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/68929-canada-low-canola-stocks-limit-export
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight old-crop canola stocks and expected US demand support canola and related meal prices, although a record new crop is forecast.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Sources

- grainsprices.com: https://grainsprices.com/article/13122

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