Browse Data and Analysis

Due to the recent ban on genetically engineered (GE) commodity imports, the 2022/23 soybean import forecast is reduced from 2.5 to 1.2 million tons. With the lower expected soybean imports, 2022/23 crush and soybean meal output is reduced accordingly.

Acreage is expected to decline but yields are forecast to return to normal for Canada's 2013 oilseeds crop, which should result in greater supplies.