It was all yellow: bumper canola crop after tough start

Key points

• Australian canola production is forecast to reach a record 8.1 million tonnes in 2026/27, more than 15 per cent above the five year average, according to Rabobank. Prices are hovering above $800 a tonne, the highest in several years.
• Nearly 60 per cent of the crop will come from Western Australia, where planting area has increased 41 per cent.
• Growers in southern Queensland and New South Wales faced tougher conditions, with dry weather forcing some to skip sowing canola.