New and expanded plants in Yorkton and Regina have helped lift Canadian canola-crushing capacity from about 11 million tonnes several years ago to roughly 15 million tonnes. The projects include expansions by Louis Dreyfus Company and Richardson International in Yorkton and Cargill’s new Regina plant, which adds about one million tonnes of annual capacity.
Greater domestic crush capacity can increase Canadian demand for canola seed while expanding domestic supplies of canola oil and meal. This may support seed basis and competition for feedstock, while adding to meal and oil availability.
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Not enough comparable past events yet for a historical read.
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.