Rapeseed and canola prices remain under pressure from crop growth forecasts in Canada and Europe

Published 2025년 5월 21일

Tridge summary

The article provides an overview of the rapeseed and canola market outlook for the 2025/26 marketing year, focusing on expected production increases in the European Union (EU) and Canada, alongside recent price trends and weather impacts. It highlights anticipated production growth in the EU and Romania, despite weather challenges, and Canada's adjustments due to weather conditions affecting planting. The piece also discusses the effects of high processing volumes and stock levels in the EU, alongside uncertainties in Canada, the USA, and EU's future pricing due to various crop area expansion plans and weather conditions. It concludes by mentioning the potential impact of adverse weather on crop yields and the market's reaction to such risks.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed and canola prices remain under pressure from forecasts of an increase in production in MY 2025/26 compared to the current season in the EU countries by 2.29 to 19.15 million tons and in Canada by 1.5 to 19.5 million tons. But given the weather conditions in these countries, futures for the new crop are trading 1.4-2.4% more expensive than last year, and price volatility remains high. August rapeseed futures on the Paris stock exchange fell 0.2% to €488.5/t or $553.4/t (+3.5% month-on-month, +1.4% year-on-year) over the week, although they fell 1.3% at the beginning of the week and then rose 1.1% against the backdrop of dry weather in Germany in May. According to OilWorld experts, the area sown with rapeseed in the EU for the 2025 harvest has increased by 0.4 to 6 million hectares, so production will increase by 2.5 to 19.4 million tons, but will still be inferior to the record harvest of 2023 (20.2 million tons). Romania will increase its rapeseed production the most – ...

Source: UkrAgroConsult