Canola and rapeseed prices fell 2.3% under pressure from forecast of increased harvest in Canada

10.4% for the month amid the imposition of tariffs by China and uncertainty about demand from the biofuel industry from the United States, as well as an increase in the harvest forecast in Canada. Following canola, November rapeseed futures in Paris also fell 2.3% yesterday to €465.5/t or $543/t (-4.5% month-on-month). In a report on August 28, StatCan experts updated their 2025/26 crop production forecasts based on the latest yield estimates using satellite imagery and agro-climatic data. They forecast that Canadian canola production will increase by 3.6% from last year to 19.9 million tonnes, driven by a 5.7% increase in yield to 41.0 bushels/acre, offsetting a 2.0% decrease in plantings to 21.4 million acres. Saskatchewan canola production in 2025 is expected to increase by 5.9% from last year to 11.1 million tonnes, driven by a 5.1% increase in yield to 40.3 bushels/acre, while the area planted will increase by 0.8% to 12.1 million acres. Alberta canola production is expected ...