
ISTA Mielke reports that bullish vegetable oil supply and demand have partly offset bearish effects of larger European new-crop rapeseed supplies in July. Nearby European rapeseed prices were up 4% in US dollar terms year on year.
OIL WORLD raised its 2025 EU rapeseed crop forecast to 20.0 million tonnes, with much of the increase from Romania.
A larger EU crop adds to rapeseed and meal supply, which is bearish for oilseed meal. Rising US vegetable oil demand from biofuel requirements supports oil prices and, with them, rapeseed.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% 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.