# Tariffs and weather impact global canola markets | Stock Journal | SA

> Global rapeseed prices were volatile in March, with EU prices testing two-year highs on tight stocks after a smaller 2024 crop. Canadian canola fell in early March on fears of a US tariff on Canadian canola, and palm oil prices were supported by Malaysian output losses and Indonesian biofuel mandates. EU 2025-26 rapeseed production is forecast up 12.4%.

- Date: 2025-04-11 · published 2025-04-11T12:00:00.000Z
- Category: weather · region EU · magnitude low
- Page: https://feedsoft.ai/events/11671-tariffs-and-weather-impact-global-canola-markets-stock-journal-sa
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A projected EU recovery in rapeseed output and US tariff risk weigh on oilseed meal prices, while tight palm oil supply supports vegetable oil and meal alternatives.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2025-06-04 | [Global Vegetable Oil Markets Face Tariff, Weather Turbulence](https://feedsoft.ai/events/10951-global-vegetable-oil-markets-face-tariff-weather-turbulence.md) | -1.0% | +4.1% |
| PALMOIL | 2021-10-04 | [Canada’s smallest canola harvest in 13 years forces importers to turn elsewhere - The Globe and Mail](https://feedsoft.ai/events/44557-canada-s-smallest-canola-harvest-in-13-years-forces-importers-to-turn-elsewhere.md) | +8.9% | +10.3% |
| PALMOIL | 2018-01-10 | [Top five weather risks for grain markets in 2018 - 10 January 2018 Premium](https://feedsoft.ai/events/66931-top-five-weather-risks-for-grain-markets-in-2018-10-january-2018-premium.md) | -1.6% | -1.8% |
| PALMOIL | 2026-09-04 | [Will a ‘Super’ El Niño Impact the Weather and Food Production in 2026? - Bloomberg](https://feedsoft.ai/events/17398-will-a-super-el-nino-impact-the-weather-and-food-production-in-2026-bloomberg.md) | -1.4% | -8.8% |
| PALMOIL | 2022-10-19 | [Palm climbs for fourth day on weather woes, India tax fears - Markets - Business Recorder](https://feedsoft.ai/events/39239-palm-climbs-for-fourth-day-on-weather-woes-india-tax-fears-markets-business.md) | +1.0% | +9.3% |
| SBO | 2023-01-06 | [Canola Market Starts the New Year Strong \| Northern Canola Growers Association](https://feedsoft.ai/events/37880-canola-market-starts-the-new-year-strong-northern-canola-growers-association.md) | +1.5% | -4.4% |
| SBO | 2021-10-04 | [Canada’s smallest canola harvest in 13 years forces importers to turn elsewhere - The Globe and Mail](https://feedsoft.ai/events/44557-canada-s-smallest-canola-harvest-in-13-years-forces-importers-to-turn-elsewhere.md) | +2.4% | +6.5% |
| SBO | 2022-10-19 | [Palm climbs for fourth day on weather woes, India tax fears - Markets - Business Recorder](https://feedsoft.ai/events/39239-palm-climbs-for-fourth-day-on-weather-woes-india-tax-fears-markets-business.md) | +3.8% | +7.9% |

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/8938322/tariffs-and-weather-impact-global-canola-markets/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.