Canola Prices Skyrocket!Record-Breaking Crush Numbers #agpodcast #cropmarketing

Added: 2026-05-25

[00:00:00]Canola skyrocketed yesterday. We're recording this on Wednesday. Do you feel like if we get any further delay that canola could have a bit more spark to it to the upside yet or or do you think that this is kind of it? I think there's three factors with canola. I think the weather is is one of them for sure. We also saw last week in the in the COPA or the Canadian Oilseed Processors Association, we saw the a huge crush number come out of COPA at like 286,000 tons, I think it was somewhere in that range. So that's a record, that's large. It It beat It beat the previous record by like 61,000 tons or something or So just huge. That's thanks to the crush plants that were we were kind of waiting to get online like the Regina crush plant for that Cargill has and then the LDC crush plant in Yorkton. So we're firing on all cylinders now. That last week was 93% of capacity, which is actually quite high.

[00:00:52]Like generally we are somewhere around 88% or something like that. So just a phenomenal week of crush last week. I think that's supporting canola as well.