# Rapeseed and its Oil Prices Rise Amid higher Demand and Supply Constraints

> Rapeseed prices are expected to stay elevated through December 2024, supported by reduced Ukrainian rapeseed exports and a smaller EU sunflower harvest that raised EU rapeseed import demand. Strategies Grains raised its EU rapeseed inclusion forecast and Ukraine's 2024/25 export projection was cut to about 3.30 million tonnes.

- Date: 2024-12-23 · published 2024-12-23T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/27064-rapeseed-and-its-oil-prices-rise-amid-higher-demand-and-supply-constraints
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Tighter EU rapeseed supply raises demand for alternative oilseeds and vegetable oils, supporting rapeseed oil and meal prices that compete with soy products in feed and food markets.

## Read by commodity

- SBO: bullish ▲
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-08-26 | [Palm and soybean oil prices rise in response to recovery in crude oil prices](https://feedsoft.ai/events/28878-palm-and-soybean-oil-prices-rise-in-response-to-recovery-in-crude-oil-prices.md) | +3.3% | +1.0% |
| SBO | 2022-03-23 | [Russian Invasion Deals Another Blow to Oilseed Supply \| CZ app](https://feedsoft.ai/events/42389-russian-invasion-deals-another-blow-to-oilseed-supply-cz-app.md) | -1.5% | +268.7% |
| SBO | 2026-03-09 | [Crop Prices Jump as War Snarls Trade and Risks Tightening Supply - Bloomberg](https://feedsoft.ai/events/20242-crop-prices-jump-as-war-snarls-trade-and-risks-tightening-supply-bloomberg.md) | -0.7% | -1.2% |
| SBO | 2026-08-29 | [China's Palm, Soybean, and Rapeseed Oil Futures Rise; Crude Up Over 2% on Middle East Tensions \| Gate News](https://feedsoft.ai/events/10975-china-s-palm-soybean-and-rapeseed-oil-futures-rise-crude-up-over-2-on-middle.md) | +4.8% | -0.8% |
| SBO | 2026-10-01 | [Global vegetable oil prices seen rising on tighter supply, says analyst Mielke - Markets - Business Recorder](https://feedsoft.ai/events/17180-global-vegetable-oil-prices-seen-rising-on-tighter-supply-says-analyst-mielke.md) | +2.3% | +4.7% |

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/rapeseed-and-its-oil-prices-rise-amid-higher-demand-and-supply-constraints-32351

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