# Oilseed market insights: Rebound in European rapeseed prices

> European rapeseed futures rose above €460/t, reaching their 200-day moving average for November 2024, according to CRM Agri. The recovery is attributed to a rally in vegetable oils and a rebound in Winnipeg canola futures, which rose over 7% from a three-year low.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/28875-oilseed-market-insights-rebound-in-european-rapeseed-prices
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Stronger vegetable oil and canola prices support rapeseed, and tightening palm and sunflower supplies point to shrinking global vegoil stocks in 2024/25, which lifts competing oilseed values for feed buyers.

## Read by commodity

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

## Sources

- foodnavigator.com: https://www.foodnavigator.com/Article/2024/08/30/oilseed-market-insights-rebound-in-european-rapeseed-prices/

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