Euronext rapeseed falls below €470/t

Published Mar 14, 2025

Tridge summary

Rapeseed prices on Euronext are experiencing a downward trend for the eighth consecutive session due to a deteriorating eurodollar exchange rate and concerns over international trade disputes. The potential impact of tariffs from China and the US on Canada's canola supply and US soybeans could alter the market dynamics. In contrast, Brazil's harvest projection has been increased to a record 167 million tonnes, and Argentina's soybean rating has been improved. Euronext rapeseed futures for May 2025 and August 2025 maturities have experienced price drops.

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

Original content

Rapeseed prices were on track for another session in the red this Friday at midday on Euronext, the eighth since the beginning of the month. The eurodollar exchange rate continues to mechanically degrade the trend, returning to test $1.09, while the European market remains threatened by numerous international trade wars. The tariffs imposed by China and the United States against Canada threaten to redirect a large portion of the country's canola supply to Europe. The soybean complex is also being shaken by the announced Chinese tariffs on US imports. Conab also raised its estimate for the Brazilian harvest this year in its latest monthly report, to a new all-time high of 167 million tonnes. In Argentina, the ...

Source: TerreNet