# Rapeseed market steadies amid Australian record crop and firm EU prices — CMB News

> 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.

- Date: 2026-10-30 · published 2026-10-30T10:05:30.012Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/2080-rapeseed-market-steadies-amid-australian-record-crop-and-firm-eu-prices-cmb-news
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBO: neutral
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-08-01 | [Sunflower Market: EU Heat Stress Tightens 2026 Outlook, Prices Firm — CMB News](https://feedsoft.ai/events/18467-sunflower-market-eu-heat-stress-tightens-2026-outlook-prices-firm-cmb-news.md) | +3.6% | +0.5% |
| SBO | 2020-10-29 | [Analyst Insight: La Niña weather event could impact your rapeseed price \| AHDB](https://feedsoft.ai/events/50745-analyst-insight-la-nina-weather-event-could-impact-your-rapeseed-price-ahdb.md) | +2.9% | +14.2% |
| SBO | 2024-01-23 | [Palm oil rebounds on severe rain concerns, Chinese demand - Markets - Business Recorder](https://feedsoft.ai/events/32229-palm-oil-rebounds-on-severe-rain-concerns-chinese-demand-markets-business.md) | -5.7% | -4.7% |
| SBO | 2022-10-21 | [Palm oil prices seen ticking up as rains slash output and demand strengthens \| Reuters](https://feedsoft.ai/events/15781-palm-oil-prices-seen-ticking-up-as-rains-slash-output-and-demand-strengthens.md) | +2.8% | +3.9% |
| SBO | 2026-08-31 | [Corn sees slight gains as wheat takes profits - Brownfield Ag News](https://feedsoft.ai/events/17940-corn-sees-slight-gains-as-wheat-takes-profits-brownfield-ag-news.md) | +4.8% | -0.8% |

## Sources

- commodity-board.com: https://commodity-board.com/rapeseed-steadies-as-australian-record-crop-meets-resilient-eu-prices

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