# Market Update for Rapeseed & Canola 23.06.2025

> 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.

- Date: 2025-06-23 · published 2025-06-23T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/24334-market-update-for-rapeseed-and-canola-23-06-2025
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tighter exporter supplies and lower old-crop stocks support canola meal and oil prices through 2025/26. Dryness in key origins limits export availability.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- rapool.com: https://www.rapool.com/news/oilseed-rape-market/market-update-for-rapeseed-und-canola-23.06.2025/

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