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South Africa's canola plantings grew from 17 thousand hectares in 1998/99 to 197.9 thousand hectares in 2026/27. The country expects a record 2026/27 harvest of 368.3 thousand tonnes, up 20%, and has become a net exporter.
Rising South African canola output adds to global oilseed supply and can soften canola meal prices, although the volumes are small relative to world markets.
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.