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Rapeseed and canola prices rose in mid-June as oil prices jumped about 9% in a week on the Israel-Iran war. Reduced harvest forecasts in Australia and proposed limits on Ukrainian rapeseed exports added support.
US plans to raise biodiesel mandates for 2026-2027 lifted Chicago soyoil by 15.8% in a week.
Higher crude and the proposed US biofuel mandate boost vegetable oil demand, while smaller Australian and Ukrainian supplies tighten export availability. Together these support canola meal and oil prices.
ukragroconsult.comJun 17, 2025After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
Soyoil up 15.8% in a week on US biodiesel mandates, with oil up about 9% on the Israel-Iran war.
