Tight canola prices will push forward the increasing edible oil prices

The wholesale price of canola seed and rapeseed in Canada rose to 0.75 USD/KG in W4 September 2021. The same thing happened with the wholesale price of canola seed and rapeseed in Ukraine and Australia to 0.70 USD/KG and 0.63 USD/KG respectively. Insufficient supply stocks due to adverse weather conditions push the price to keep rising and fluctuate which is quite risky for both producers and traders.