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Agriculture and Agri-Food Canada raised its 2026-27 canola production estimate to 21 million tonnes from 19.2 million and lifted canola exports by 500,000 tonnes. Canola ending stocks were projected at 2.07 million tonnes, while all-wheat production was raised to 35.26 million tonnes with lower wheat ending stocks.
A larger canola crop and higher projected stocks point to ample supply for crushers and meal buyers, which is bearish for canola meal and oil prices. Lower wheat ending stocks offer modest support for wheat.
moderngrease.comGreg KuvalisNov 1, 2026Not enough comparable past events yet for a historical read.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
