Canadian Canola seed and Rapeseed Price Surge Caused by Severe Drought

Canola Seed & Rapeseed

Canada

Fardhani Pradipta

Published Dec 6, 2021

The wholesale price of canola seed and rapeseed in Canada soared by +74.3% to 0.84 USD/KG in W5 November 2021. The price increase was due to a severe drought which resulted in lower production this year. In response to this, canola seed and rapeseed importing countries from Canada must choose whether to pay more or look for other alternatives.

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