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The increase in production is expected The 2023-24 average rye price on the Canadian to more than offset the sharp decline in carry-in Prairies is projected at $220/t, down y/y due to lower stocks, causing supply to decrease only slightly to row crop prices predicted for the year. [...] Exports are Supplies for the crop year are estimated at 20.1 Mt, projected to rise to 7.7 Mt with the projection highly down marginally from 20.2 Mt for 2022-23 and the sensitive to the size of the domestic canola crop, the five-year average of 21.5 Mt, as a slight increase in strength of domestic crush demand, and competition both carry-in stocks and imports moderates the from world supplies of o. [...] Exports are Total domestic use is forecast to fall slightly on a forecast to rise slightly to 4.95 Mt, the second decrease in crush to 1.75 Mt and a drop in feed, highest on record compared to the 5.64 Mt shipped waste, and dockage to about 0.53 Mt. [...] The expected to be unchanged from the current crop year EU and the US continue to be the main markets for and carry-out stocks are expected to rise. [...] Despite the fall in exports, For 2024-25, the area seeded is forecast to rise due carry-out stocks are expected to fall sharply due to to competitive returns relative to other crops.