Canada eyes huge Aussie canola crop

Mar 17, 2023

Australia’s “monstrous” canola harvest has Ken Ball adjusting his Canadian supply and demand numbers.

The Australian government’s new official estimate for its 2022-23 crop is a record 8.3 million tonnes, up from the December forecast of 7.3 million tonnes.

“Our (Canadian) exports are going to be well down from our earlier projections because of the monstrous Australian crop,” said the PI Financial analyst.

“We knew that number was going to go up, but I don’t think anybody thought it was going to go up by a million tonnes.”

Ball believes Australia could export 6.5 million tonnes of canola. The country’s more traditional export volumes are in the two to three million tonne range.

“That’s a huge chunk of business that they’re going to take from us,” he said.

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

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