Australia boosts canola meal exports to Asia and New Zealand, targeting high-value livestock markets.

Australia is expanding efforts to export its growing canola meal surplus, with production set to rise from 640,000 tonnes in 2024 to up to one million tonnes due to increased crushing capacity. A Grains Australia initiative is targeting high-value markets in Asia and New Zealand, focusing on aquaculture, dairy, poultry, and pig sectors. The meal is valued for its high protein, balanced amino acids, and ability to improve feed efficiency while reducing harmful emissions. While most is currently used domestically, export growth is seen as key to boosting farmer returns and supporting the domestic biofuel industry. New Zealand’s dairy sector, influenced by evolving environmental policies, may increasingly adopt canola meal as a feed alternative.