# Europe's 2024 canola crop is falling but prices are optimistic

> Strategie Grains forecasts EU rapeseed production falling 7% to 18.4 million tonnes in 2024/25, mainly from reduced crops in Eastern Europe. European rapeseed prices have dropped about 30 euros/t in 2024 but have stabilized near 423 euros/t on Paris futures. Imports are expected to rise, mainly from Australia and Ukraine.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: report · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/31779-europe-s-2024-canola-crop-is-falling-but-prices-are-optimistic
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A smaller EU crop and higher expected imports support oilseed meal demand from import origins, though prices have already partly reflected the shortfall. Feed buyers should watch for import-driven price firmness.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/europes-2024-canola-crop-is-falling-but-prices-are

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