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Canadian canola reached a seven-month high of CAD 680.10 per tonne in the May position on February 20, and EU rapeseed prices followed the rally. Rotterdam rapeseed oil hit a five-week high of USD 1,158 on February 19 as vegetable oil supplies tightened.
Tighter global vegetable oil supplies and a looming slowdown in EU rapeseed crushing support oilseed meal and oil prices. Feed buyers face firmer protein meal costs as canola and rapeseed values climb.
rapool.comFeb 24, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
