# AAFC Adjusts 2026-27 Crop Estimates: Impact on Prices and Markets (2026)

> 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.

- Date: 2026-11-01 · published 2026-11-02T00:07:12.569Z
- Category: report · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/74303-aafc-adjusts-2026-27-crop-estimates-impact-on-prices-and-markets-2026
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-05-14 | [Markets React as USDA Releases First Look at 2026/27 Estimates](https://feedsoft.ai/events/19193-markets-react-as-usda-releases-first-look-at-2026-27-estimates.md) | +0.7% | -4.2% |
| WHEAT | 2022-05-29 | [Texas A&M Report Shows Impact of Higher Crop and Input Prices for 2022 - Cotton Grower](https://feedsoft.ai/events/41537-texas-a-and-m-report-shows-impact-of-higher-crop-and-input-prices-for-2022.md) | -2.1% | -3.9% |
| WHEAT | 2024-11-04 | [EU cuts 2024/25 maize, soft wheat crop estimates](https://feedsoft.ai/events/27355-eu-cuts-2024-25-maize-soft-wheat-crop-estimates.md) | +0.1% | -1.8% |
| WHEAT | 2021-12-15 | [Adjusting to USDA Estimates in a Record-Setting Marketing Year](https://feedsoft.ai/events/43646-adjusting-to-usda-estimates-in-a-record-setting-marketing-year.md) | +4.2% | +7.4% |
| WHEAT | 2020-01-15 | [Markets react as USDA reduces production estimates \| The Rural \| Wagga Wagga, NSW](https://feedsoft.ai/events/55031-markets-react-as-usda-reduces-production-estimates-the-rural-wagga-wagga-nsw.md) | +0.0% | -5.4% |

## Sources

- moderngrease.com: https://moderngrease.com/article/aafc-adjusts-2026-27-crop-estimates-impact-on-prices-and-markets

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