The canola crop in Canada has been confirmed to be significantly less than earlier estimates this spring. StatsCan recently estimated the canola crop size to be 17.57 million metric tons (MMT), down over six percent from last year’s production level. This estimate was in the mid-range of industry guesses for canola production. Another estimate of the crop size will be released in mid-September and this estimate has come in lower than the initial August estimate in each of the last three years, so history shows the crop will likely get smaller yet. Agriculture & Agrifood Canada earlier this month estimated canola production at 18.8 MMT. It also revised canola stocks higher by a significant amount, 1.1 MMT, due to underestimating canola production in the prior year. These estimates will likely be adjusted in September.