Canola

Canola

Current Price $640.00 CAD/tonne as of Jan 11, 2026

Where It's Produced

Production by Province

0% 25% 50% 75% 100%
Saskatchewan 52.0%
Alberta 32.0%
Manitoba 14.0%
British Columbia 2.0%

Export Destinations

China 35.0%
Japan 25.0%
Mexico 15.0%
United States 10.0%
European Union 8.0%
Other 7.0%

Key Facts

  • Canola was developed in Canada in the 1970s - the name means Canadian Oil Low Acid (Agriculture Canada)
  • Canada produces about 25% of global canola/rapeseed supply (StatCan)
  • Used for cooking oil, biodiesel, and animal feed (Industry)

Data Sources

Production and trade data from Natural Resources Canada (NRCan), Statistics Canada, and industry sources.

Last updated: January 11, 2026 3:10 PM