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May rapeseed futures in Paris rose 3.4% in February to EUR 533 per tonne, amid vegetable oil recovery and limited farmer supply. Canadian May canola futures rose 4.5% in February to CAD 674 per tonne on strong export growth, with Canadian canola exports reaching 5.672 million tonnes versus 3.031 million a year earlier.
Strong Canadian export pace and firmer vegetable oil prices support oilseed meal values. A narrowing EU-Canada price spread shifts demand toward Canadian canola, supporting prices in the near term.
ukragroconsult.comFeb 19, 2025Not 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.
