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The Australian Oilseeds Federation raised its 2026-27 canola crop estimate to 8.59 million tonnes, a record that exceeds the 2022/23 high. Canada has finished harvest, and Ukrainian rapeseed shipments are steady, while low EU soil moisture supports a weather premium in MATIF.
Large Australian and Canadian supplies add to global availability and pressure canola meal and rapeseed prices, while EU weather risk limits downside in European values.
commodity-board.comOct 30, 2026Not enough comparable past events yet for a historical read.
After 18 past neutral weather events, Soybean Oil moved a median +2.6% over 5 sessions (72% higher; middle half -0.4% to +3.5%), and +3.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
