Canada: Oilseeds and Products Annual
Link to report:
Production of oilseeds (including canola, soybeans, and sunflower seeds) is forecast to increase only marginally in MY 2025/26 over the previous marketing year, reaching 25.57 million MT. Strong canola oil demand from the United States is expected to continue as canola oil export prices average their lowest since 2020 and a weak Canadian dollar helps offset at least part of the newly imposed tariff costs on American importers. Canada continues to benefit from the U.S. Environmental Protection Agency’s (EPA) December 1, 2022 determination to approve U.S. Renewable Fuel Standard (RFS) pathways for certain biofuels produced from canola oil. Canola processing levels and the export levels of canola seed and products in MY 2025/26 are highly dependent on the future determination of several regulatory factors in the United States and Canada.