Canola and rapeseed prices continue to fall on the world market

The increase in the forecast for global rapeseed production in MY 2025/26 to a record 95.273 million tons (which will exceed the previous season’s figure by almost 10 million tons) and the fall in oil and vegetable oil prices continue to put pressure on canola prices in Canada and rapeseed in Paris. January canola futures, after the release of the StatCan report and the USDA balance sheet, have already fallen by 8% since the beginning of December to 597 CAD/t or $433/t (-9.7% per month) against the backdrop of low canola export rates and falling rapeseed oil prices in the US. According to the Canadian Grains Commission (CGC), from August to October 2025, Canada exported only 1.42 million tonnes of canola, half the amount exported in the same period in 2024 (3.03) million tonnes. Uncertainty over the Trump administration’s policy to support biofuel production sent soybean oil futures in Chicago down 5.4% for the week, adding to pressure on canola oil prices. U.S. canola oil prices ...