# Canola meal price USDA canola meal board price per ton, national fob plant median, with its cost per unit of protein and energy _Data through Aug 17, 2026 · source last checked Aug 27, 2026 · page revised Aug 27, 2026_ > Now $345/ton (national median across 2 fob plant regions) as of Aug 17, 2026, USDA, up 0% on the week. Protein costs $0.485 per lb of crude protein (137% of soybean meal); energy $0.259 per lb of TDN (247% of corn). Canola meal holds at $345/ton, unchanged on the week but up 60.5% year-over-year. On protein it costs 137% of soybean meal; on energy, 247% of corn. It sits 7.8% below the 4-year median of $374/ton. ## The numbers | Period | Current | Prior | Change | | --- | --- | --- | --- | | Week over week | $345/ton | $345/ton | 0.0% | | Month over month | $345/ton | $320/ton | +7.8% | | Year over year | $345/ton | $215/ton | +60.5% | | vs 4-yr median | $345/ton | $374/ton | -7.8% | ## About Canola meal price Canola meal is a protein feed, fed to raise a ration's crude-protein content. On a dry-matter basis it runs about 39.5% crude protein and 74% TDN, roughly 0.76 Mcal of net energy for lactation per pound of dry matter, at about 90% dry matter as fed. Those figures come from Virginia Cooperative Extension, Agronomy Handbook Part XIV, from NASEM Beef Cattle 2016. The leaderboard uses them to convert this week's board price into a cost per pound of protein and per pound of energy, so it can be ranked against corn and soybean meal. Prices are quoted per ton, and the cheapest board price is not the cheapest fed price once freight and moisture are counted (see the FOB-vs-delivered guide). Canola meal is left over once canola seed is crushed for its oil, and in the US that crush increasingly runs at plants built for the renewable diesel and biodiesel boom, meaning oil demand, not the meal, is driving new crush capacity. Seed comes mostly from Canada and the northern Plains, North Dakota chief among US growing states. Modern canola varieties are bred low in the glucosinolates and erucic acid that limited older rapeseed meal, letting it be fed more freely than its reputation suggests. Dairy nutritionists particularly favor it for milk production response, and its price generally tracks soybean meal, the protein source it substitutes against most directly. ## About this data - Source: USDA AMS feedstuffs board - Series: Canola meal board price - Basis: FOB plant preferred, national cross-region median - Geography: National - Unit: $/ton - Calculation period: Weekly cross-region median - Last observation: Aug 17, 2026 - Update frequency: Weekly --- Cite: Canola meal price is $345/ton as of Aug 17, 2026 (USDA feedstuffs board). The Ration. https://the-ration.com/ingredient/canola-meal Canonical URL: https://the-ration.com/ingredient/canola-meal