Canada Canola Export Outlook Changes
Thu Oct 25, 2012 04:22 PM CDT

WINNIPEG (Dow Jones) -- Canadian canola exports during the 2012/13 (August/July) crop year were expected to come in at a record level, but lower-than-anticipated production has reduced those prospects, according to analysts.

Agriculture and Agri-Food Canada in its September supply/demand outlook had forecast Canada's 2012/13 canola export program to come in at a record 8.701 million metric tons, with Japan, China, the U.S., Mexico and the European Union some of the largest customers.

"The ability of Canada to export canola has taken a serious downturn and now appears that only 7.200 million tons will be moved offshore," said Fred Oleson, ...

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