The Canadian canola crush accelerated in the final month of the 2024-25 marketing year, although the final total still fell slightly short of expectations.
A Statistics Canada report Monday pegged the July crush at 968,515 tonnes, up a hefty 13.1% from June’s 856,096 but still below 1.05 million in July last year.
The August 2024 - July 2025 cumulative crush totaled 11.412 million tonnes, falling just short of the Agriculture Canada forecast of 11.5 million, but still up 3.4% from 11.033 million in 2023-24.
Ag Canada is forecasting the crush to rise further in the 2025-25 crop year, up to 11.8 million tonnes, based on expanding domestic crush capacity and rising demand, especially from the biofuel sector