Australia set a new record for canola exports in December, with a total of 883,885 tonnes shipped, a 16% increase from November. The main markets were Belgium, Germany, and The Netherlands. Lachstock Consulting's report indicates that 753,000 tonnes of canola was still on the stem in January, making it an impressive start to the 2022-23 marketing year. However, the upcoming winter crop is expected to see a decrease in area due to lower prices, high input costs, and the possibility of a drier year.