Domestic crush is expected to be similar to last year. The pace of crush is expected to slowdown from the current level due to a lack of export markets for canola oil and low vegetable oil prices as a result of abundant supplies of soyoil. Exports are forecast to decrease while crush is expected to remain unchanged. Carry-out stocks are expected to fall to historically normal levels. Carry-out stocks are forecast to decrease to a near normal level.
Usage is forecast to decline slightly as higher exports partly offset the drop in crush.
Carry-out stocks are projected to decrease. Exports are projected to remain stable while domestic crush rises to a record high. Aug.-July crop year except corn and soybeans which are September to August. Excludes exports of oilseed products. Statistics Canada, Cereals and Oilseeds Review Series, Cat.