Canola: YTD canola disappearance into week 7 of the crop year amounted to 1.8 million MT compared to 1.3 million MT last year and is up 39% on last year.

Canola: YTD canola disappearance into week 6 of the crop year amounted to 1.55 million MT compared to 1.2 million MT last year and is up 38% on last year.

Canola: YTD canola disappearance into week 5 of the crop year amounted to 1.4 million MT compared to 919k MT last year and is up 47% on last year.

Canola: YTD canola disappearance (exports plus crush) into week 4 of the crop year amounted to 1 million MT compared to 655k MT last year and is up 61% on last year.

Canola: YTD canola disappearance into week 3 of the crop year amounted to 881k MT compared to 569k MT last year and is up 55% on last year.

Canola: YTD canola disappearance into week 2 of the crop year amounted to 629k MT compared to 390k MT last year and is up 61% on last year.

Canola: YTD canola disappearance into week 1 of the crop year is above last year’s usage (+169k MT) and amounted to 320k MT compared to 151k MT last year.

Canola: YTD canola disappearance into week 52 of the crop year is 27% above last year’s (drought-reduced) usage (+3.9 million MT) and amounted to 18.4 million MT compared to 14.5 million MT last year.

Canola: YTD canola disappearance into week 51 of the crop year is 27% above last year’s (drought-reduced) usage (+3.8 million MT) and amounted to 18 million MT compared to 14.2 million MT last year.

Markets are very strong following the closure of the Black Sea corridor, the Russian bombing of Ukrainian ports, and forecasts of more dry conditions in the USA.

Weather dominated the futures markets this week as reports of dry conditions had traders concerned. Futures markets rallied substantially in thin markets. Soybean futures gained about 40 cents per bushel.

Canola - YTD canola disappearance into week 48 of the crop year is 25% above last year’s (drought-reduced) usage (+3.4 million MT) and amounted to 17 million MT compared to 13.5 million MT last year.

Canola - YTD canola disappearance into week 47 of the crop year is 26% above last year’s (drought-reduced) usage (+3.4 million MT) and amounted to 16.7 million MT compared to 13.3 million MT last year.

Canola - YTD canola disappearance into week 46 of the crop year is 26% above last year’s (drought-reduced) usage (+3.4 million MT) and amounted to 16.4 million MT compared to 13 million MT last year.

Canola - YTD canola disappearance into week 45 of the crop year is 27% above last year’s (drought-reduced) usage (+3.5 million MT) and amounted to 16.2 million MT compared to 12.8 million MT last year.

Canola - YTD canola disappearance into week 44 of the crop year is 28% above last year’s (drought-reduced) usage (+3.5 million MT) and amounted to 16 million MT compared to 12.5 million MT last year.

Canola – YTD canola disappearance into week 43 of the crop year is 28% above last year’s (drought-reduced) usage (+3.4 million MT) and amounted to 15.7 million MT compared to 12.3 million MT last year.

Canola – YTD canola disappearance into week 42 of the crop year is 27% above last year’s (drought-reduced) usage (+3.2 million MT) and amounted to 15.3 million MT compared to 12 million MT last year.

Canola – YTD canola disappearance into week 41 of the crop year is 26% above last year’s (drought-reduced) usage (+3.1 million MT) and amounted to 15 million MT compared to 11.9 million MT last year.

Canola – YTD canola disappearance into week 40 of the crop year is 26% above last year’s (drought-reduced) usage (+3 million MT) and amounted to 14.7 million MT compared to 11.6 million MT last year.