# Rapeseed and canola prices continue to rise amid rising oil prices and declining harvest forecasts

> 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.

- Date: 2025-06-17 · published 2025-06-17T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/24336-rapeseed-and-canola-prices-continue-to-rise-amid-rising-oil-prices-and
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

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.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-06-17 | 5 | +10.4% | 3.6 | Soyoil up 15.8% in a week on US biodiesel mandates, with oil up about 9% on the Israel-Iran war. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-04-19 | [Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts](https://feedsoft.ai/events/36470-soybean-and-soybean-oil-prices-are-rising-amid-another-cut-in-argentina-s-crop.md) | -2.8% | -13.5% |
| SBO | 2021-08-31 | [Rapeseed and canola prices supported by lower crop forecasts in Canada](https://feedsoft.ai/events/45664-rapeseed-and-canola-prices-supported-by-lower-crop-forecasts-in-canada.md) | -1.2% | +0.0% |
| SBO | 2023-06-19 | [Rapeseed prices rose 9.2% for the week amid drought in the US and Canada and forecasts of a reduced crop in Australia](https://feedsoft.ai/events/35593-rapeseed-prices-rose-9-2-for-the-week-amid-drought-in-the-us-and-canada-and.md) | +3.4% | +9.8% |
| SBO | 2022-09-19 | [Sunflower prices in Ukraine are rising against the backdrop of a low harvest, long rains and rising rapeseed prices](https://feedsoft.ai/events/39703-sunflower-prices-in-ukraine-are-rising-against-the-backdrop-of-a-low-harvest.md) | -5.4% | -5.7% |
| SBO | 2020-04-08 | [Continues the speculative rise in prices for soybean and sunflower oil](https://feedsoft.ai/events/53736-continues-the-speculative-rise-in-prices-for-soybean-and-sunflower-oil.md) | -3.4% | -7.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/rapeseed-and-canola-prices-continue-to-rise-amid-rising-oil-prices-and-declining-harvest-forecasts/

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