# Oil/Meal Exports Drive Canola Crush Pace

> Statistics Canada and Canadian Oilseed Processors Association data show canola crushing at a record pace, with 3.994 million metric tons crushed through January 4, up 14.7% year on year. Canola oil exports rose 15% and meal exports rose 24.5% in the first four months of the crop year.

- Date: 2017-01-12 · published 2017-01-12T12:00:00.000Z
- Category: report · region Canada · magnitude low
- Page: https://feedsoft.ai/events/72959-oil-meal-exports-drive-canola-crush-pace
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong crush and meal/oil export demand tightens canola meal supply and supports canola and meal prices, which competes with soybean meal for feed buyers.

## Read by commodity

- SBM: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-12-23 | [Canadian canola crush up 8.5 per cent on year-to-date \| Farmtario](https://feedsoft.ai/events/55541-canadian-canola-crush-up-8-5-per-cent-on-year-to-date-farmtario.md) | -0.1% | +0.0% |
| SBM | 2024-04-09 | [Crush margins favor canola in Japan \| World Grain](https://feedsoft.ai/events/30833-crush-margins-favor-canola-in-japan-world-grain.md) | +1.3% | +12.5% |
| SBM | 2020-12-24 | [Canada's November Canola Crush at Near-Record Levels](https://feedsoft.ai/events/49749-canada-s-november-canola-crush-at-near-record-levels.md) | +3.1% | +1.9% |
| SBM | 2023-01-17 | [Global fish oil and meal prices expected to ease from last year’s…](https://feedsoft.ai/events/37881-global-fish-oil-and-meal-prices-expected-to-ease-from-last-year-s.md) | -8.4% | -1.6% |
| SBM | 2025-04-11 | [Brazil's rising biodiesel demand restricts soybean oil exports](https://feedsoft.ai/events/25204-brazil-s-rising-biodiesel-demand-restricts-soybean-oil-exports.md) | -0.1% | -3.3% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/canada-markets/blog-post/2017/01/12/oilmeal-exports-drive-canola-crush

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