Canada: Oilseeds and Products Annual

In marketing year (MY) 2021/22, Canada’s total production of oilseeds (canola, soybean, and sunflower seeds) is expected to increase six percent over the previous year, primarily on more area planted to canola and recovery of canola yields. Nearly halfway through MY 2020/21, canola seed exports to China are strong, despite China continuing to block Canada’s two largest exporters while maintaining a restrictive dockage requirement. Ending stocks of canola for MY 2020/21 are projected at 700 thousand metric tons (MT), down 2.4 million MT from the previous year, on lower production and increased exports.

Canada: Oilseeds and Products Annual