# Canola Near 5-Month Highs — TradingView News

> Canola futures rose above CAD 650 per tonne, approaching the five-month high of CAD 669 from February 20. Buyers and producers are shifting to alternative export markets, especially the EU where rapeseed output has fallen. USDA forecasts a 7% drop in US canola acreage to 2.6 million acres.

- Date: 2025-04-11 · published 2025-04-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11673-canola-near-5-month-highs-tradingview-news
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower EU rapeseed output and reduced US canola acreage tighten global supply, supporting canola meal prices.

## Read by commodity

- CANMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CANMEAL | 2025-04-14 | 1 | +4.1% | 3.1 | Canola futures nearing five-month highs on Apr 11 with buyers shifting to alternative export markets (EU) supports the oilseed complex that canola meal tracks. |

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:455022:0-canola-near-5-month-highs/

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