Canadian Canola Exports Likely to Suffer

Dec 07, 2022

A smaller crop here and a larger one in Australia will likely combine to trim Canadian canola exports in 2022-23, market sources say.

In its November supply-demand estimates, Agriculture Canada forecast Canadian canola exports for the current marketing year at 9.3 million tonnes, up more than 76% from the previous year.

However, the Ag Canada forecast was based on Statistics Canada’s September model-based production forecast of 19.1 million tonnes. Meanwhile, last week’s updated StatsCan production report lowered this year’s crop to 18.17 million tonnes, leaving less supply for exports. Additionally, a record large canola production forecast for Australia means Canadian supplies will see more competition in international markets, which has the potential to trim shipments as well.

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Video: Agriculture Secretary Rollins Speaks at American Farm Bureau Federation Convention in Anaheim

One of the highlights at the 2026 American Farm Bureau Federation Convention in Anaheim, California, was an address by U.S. Secretary of Agriculture Brooke Rollins. During her remarks, she thanked America’s farmers and ranchers and said the Trump Administration is fully aware that food security is national security.

She also acknowledged the challenging times in Farm Country with low commodity prices and high input costs and said that’s why the President stepped in to help with the recent Bridge Assistance Program.

Montana Farm Bureau Federation Executive Vice President Scott Kulbeck says that Farm Bureau members are appreciative of the help and looks forward to working with the American Farm Bureau Federation and its presence in Washington, DC to keep farmers and ranchers in business.

Secretary Rollins said the Trump Administration is also committed to helping ranchers build back America’s cattle herd while also providing more high-quality U.S. beef at the meat case for consumers.

And she also announced more assistance for specialty crop producers who only received a fraction of the $12 billion Farmer Bridge Assistance (FBA).

It’s important to note that producers who qualify for Farmer Bridge Assistance can expect the Farm Service Agency to start issuing payments in late February. For more information, farmers and ranchers are encouraged to contact their local USDA Service Center.