Canadian canola crush pace running well ahead of average

Source: MarketsFarm, Phil Franz-Warkentin, Producer.com, 2019 

Winnipeg, Nov. 1 (MarketsFarm) – Canada’s canola crush pace is running well above average, with demand from domestic processors more than making up for any issues on the export front, according to the latest grain handling data.

The Canadian Grain Commission reported total domestic usage of canola during the first 12 weeks of the 2019/20 crop year at 2.463 million tonnes.

That compares with the five-year average of 1.888 million tonnes and the year-ago level of 1.924 million tonnes.

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Image Source: Producer.com

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