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Oil World analyst David Mielke said EU rapeseed production and stocks are down, so EU imports of rapeseed and canola may reach a record near 7.3 million tonnes, with about 1.4 million from Canada. He spoke at Manitoba Ag Days, where he also flagged the risk that US tariffs would hit canola oil and meal prices.
Stronger European demand for Canadian canola seed could support canola prices and offset some loss of US demand. The tariff threat remains the main risk to canola oil and meal prices.
producer.comRobert ArnasonJan 21, 2025Not enough comparable past events yet for a historical read.
After 81 past neutral trade events, SBO moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
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.
