Canola oil is the low-erucic-acid form of rapeseed oil, traded in crude, refined and specialty forms for food and industrial uses. A comparable lot needs its processing state, fatty-acid and quality specification, intended use, origin, quantity, currency, Incoterm, destination and delivery window.
This release uses the Codex identity standard and USDA production, supply and distribution evidence. The dated production totals below describe market scale; they are not a live physical quote or a delivered-price estimate.
Codex defines canola oil as low-erucic-acid rapeseed oil produced from specified Brassica species. Other rapeseed oils can have different composition and end-use constraints. Atlas preserves the stated identity, fatty-acid basis and intended use instead of applying the canola name to every rapeseed-derived oil.
Crude canola oil, degummed oil, refined-bleached-deodorized oil and specialty high-oleic or identity-preserved products differ in processing, composition, handling and commercial specification. Contracts can add free fatty acids or acid value, peroxide value, moisture and impurities, colour, fatty-acid profile, GMO or identity-preserved status, food-safety controls and named sampling and test methods.
USDA production data describes dated global rapeseed-oil supply, while ICE canola futures reference the seed input rather than a delivered oil lot. A physical canola-oil offer still needs product state and specification, origin, quantity, currency, Incoterm, load point or destination, delivery window, inspection evidence, basis and logistics before values can be compared.
No. Codex uses canola oil as a synonym for low-erucic-acid rapeseed oil, while other rapeseed oils can differ in composition and end-use suitability.
No. Refining changes processing state and quality parameters, and specialty oils can add fatty-acid, identity-preserved or certification requirements.
No. They describe dated market scale. A physical price additionally needs exact product form, specification, origin, quantity, currency, Incoterm, destination, logistics, delivery timing and evidence vintage.
Crude or refined state, low-erucic and fatty-acid specification, intended use, quality limits, GMO or identity-preserved status where relevant, origin, quantity, currency, Incoterm, destination, delivery window, inspection basis and evidence date.
Figures retain their source, period and review date. Corroboration is not promoted to primary evidence.