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Canadian Agriculture Agency Raises Canola Stocks Projection, Despite Smaller Crop

Por: MarketWatch Business December 17, 2022

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The government agency now sees canola carryout of 800,000 metric tons for the current marketing year, which would be up from the November forecast of 500,000 tons and in line with the 2021-22 ending stocks of 875,000 tons. Updated production estimates from Statistics Canada included in the latest AAFC report lowered canola production to 18.2 million tons from an earlier estimate of 19.1 million tons. Meanwhile, projected canola exports of 8.6... + full article



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