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 current situation and future projections for rapeseed and canola prices, with a focus on the European Union (EU) and Canada. It highlights expected increases in production for the 2025/26 season, reaching up to 19.15 million tons in the EU and 19.5 million tons in Canada, due to expanded cultivation areas. Despite these increases, prices for the new crop are anticipated to rise slightly from the previous year, with futures trading at higher prices due to weather uncertainties. The article also mentions specific production adjustments in countries like Romania, Bulgaria, and France, as well as challenges such as adverse weather and potential yield reductions in Ukraine. It further discusses the impact of processing volumes and weather conditions on price fluctuations in the EU and Canada, providing a comprehensive outlook on the current market dynamics and future trends for rapeseed and canola prices.

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 increased production in 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. However, 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 exchange fell 0.2% to €488.5/t or $553.4/t (+3.5% month-on-month, +1.4% year-on-year), 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 - from last year's 450 ...

Source: Graintrade