Plan your canola rotation with confidence
Making the right decisions for next season starts with understanding where the market is heading. That’s why we teamed up with the Market Analysts from Episode 3 to bring you the latest canola insights. Know what’s happening globally and locally, and what it could mean for your farm.
Key Takeaways for growers:
- Pricing Outlook: Australian canola commodity prices remain above long-term averages, but well below 2022 highs. Australian canola has held up better than Canada and Europe, but Q4 is expected to soften due to global price pressure and harvest flow.
- GM vs Non-GM Spread: Non-GM canola continues to earn a strong premium, driven by EU demand and identity-preservation costs. The current spread is wider than usual but should ease over time.
- Global Supply & Trade Shifts: World production is at record levels (~92 million tonnes), but trade flows are disrupted by politics—especially China’s ban on Canadian seed. Australia benefits as China resumes imports after a five-year break, adding diversity to export options.
Biofuels Boost: The Australian government’s A$1.1 billion cleaner fuels program could kick-start a domestic biofuels industry, creating a new demand pillar for canola alongside food and export markets. This could help stabilise prices and reduce reliance on Europe and China.
Disclaimer: This Commodity Market Update (“Update”) is provided for informational purposes only and is not intended to be, and should not be construed as, financial, investment, trading, or any form of advice or recommendation. The information contained in this Update is obtained from sources believed to be reliable, but its accuracy and completeness cannot be guaranteed.
Market conditions, regulations, and prices can change rapidly and without notice, and past performance is not indicative of future results. Users of this Update are encouraged to conduct their own research and consult with a qualified financial professional before making any investment decisions or transactions.
