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Global Oil World reports that rapeseed and canola prices rallied in the week to June 19, with new-crop ICE canola reaching a contract high of CAD 744, up 9% since June 5. Dryness in Canada and Australia and North American vegetable oil demand drove the gain.
World rapeseed and canola supplies are forecast to tighten in 2025/26, with output down 1.4 Mn T to a four-year low of 27.9 Mn T.
Tighter exporter supplies and lower old-crop stocks support canola meal and oil prices through 2025/26. Dryness in key origins limits export availability.
rapool.comJun 23, 2025Not 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.
