Canada: shrink the world's largest exporter of canola, but the amounts Canada is after the EU 's second largest rapeseed producers at world level with 15 to 17 million tonnes depending on the year. Of an average 8.5 to 9.5 million tonnes will be exported. The Canadian exports approximately 2/3 of world trade in canola contest. In Canada, genetically modified spring swede rape is built named canola. The EU import is not allowed for most varieties. World's rapeseed production is been lower in the last 3 years. Continued strong demand, a tight supply situation is. In the monthly market report of Canadian agricultural Ministry the record amount of nearly 10 million tonnes carried out rape are to be in the current year by 2015/16. The closing stock is on 1.4 million shrink. Approximately 1.8 million tonnes are overlaid in the multi-annual average. For the new season 2016/17 the rapeseed acreage should be failed according to the first estimates less than. A repeat of last year's top yields is not expected. High rainfall in regions make the rapeseed stocks with weediness, and diseases to create. The predictions result in a harvest volume of 15.4 million tonnes , or approximately 2 million tonnes less than in the previous year. At sustained high export volumes by 8.5 million tons the Canadian Ministry of Agriculture estimates a massive reduction of inventories at approximately 0.7 million tonnes at the end of the marketing year 2016/17. The supply situation for 2016/17 is therefore more critical than in the past. Canola prices will be capped but self-determined, but of the competing products such as palm oil and soybean oil in their development not only of the supply demand conditions in the canola market. The high proportion of use of vegetable oils for biodiesel is also a strong link to the crude oil price.
