Vittera has it as Canadian production. They have world canola production down 1 mmt from the last 2 years.
Then this below their chart
2021 Canada canola supply is 14.8 million tonnes* we are expecting to export 4.5 million tonnes and crush 8-9 mmt. Generally, we crush and export 50/50. Crush continues to be a major buyer as canola is over-valued to other importers. Crush sector growth will continue to be strong as it has access to multiple margin streams (meal, oil)
Four expansions/builds have been announced in Canada in 2021
I can’t post their chart
Then this below their chart
2021 Canada canola supply is 14.8 million tonnes* we are expecting to export 4.5 million tonnes and crush 8-9 mmt. Generally, we crush and export 50/50. Crush continues to be a major buyer as canola is over-valued to other importers. Crush sector growth will continue to be strong as it has access to multiple margin streams (meal, oil)
Four expansions/builds have been announced in Canada in 2021
I can’t post their chart
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