# Market Update for Rapeseed & Canola 24th of February 2025

> 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.

- Date: 2025-02-24 · published 2025-02-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/26153-market-update-for-rapeseed-and-canola-24th-of-february-2025
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

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.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Sources

- rapool.com: https://www.rapool.com/news/oilseed-rape-market/market-update-for-rapeseed-und-canola-24th-of-february-2025/

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