Rapeseed prices fell another 1.5% to a yearly low on Friday

month). Recall that on December 18, 2024, quotes also fell to €451/t, but then recovered, but this year the pressure from an increase in the world harvest by 10 million tons and falling oil prices will continue to keep prices at low levels. January canola futures fell another 0.9% to CAD 582/t or $422/t on Friday, having already lost 10.8% for the month. The price difference between Canadian canola and rapeseed in Paris has again reached $120/t, which will continue to put pressure on prices in Europe and Ukraine. In Ukraine, export purchase prices for rapeseed have decreased to $535–540/t or UAH 23,500–24,000/t with delivery to Black Sea ports, but acceptance has practically stopped due to the lack of electricity at the terminals and constant shelling. The rate of rapeseed exports from Ukraine continues to fall. If in September 236 thousand tons of rapeseed were exported, in October – 200 thousand tons, then in November – only 158 thousand tons. And in general, since the beginning ...