
A weekly oilseeds outlook reports rapeseed futures finding support near €470/t, while palm oil retreated below 4,000 ringgit per tonne and German rapeseed oil fell below $1,100/t. Winnipeg canola rose about 7% so far this year after China scrapped a punitive duty on Canadian canola imports.
Lower crude oil and weaker vegetable oil prices reduce biodiesel margins and pressure edible oil and meal prices. Stronger Canadian canola on Chinese tariff relief tightens the spread to European rapeseed and affects canola meal supply for feed buyers.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.