Rapeseed prices rose 9.2% for the week amid drought in the US and Canada and forecasts of a reduced crop in Australia

Not enough comparable past events yet for a historical read.

After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.

• Aug 31, 2021Rapeseed and canola prices supported by lower crop forecasts in Canada-1.2%
• Jun 17, 2025Rapeseed and canola prices continue to rise amid rising oil prices and declining harvest forecasts-3.8%
• Apr 19, 2023Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts-2.8%
• Sep 19, 2022Sunflower prices in Ukraine are rising against the backdrop of a low harvest, long rains and rising rapeseed prices-5.4%
• Nov 25, 2020Reduction in sowing areas of winter rape in Ukraine and the EU contributes to higher prices-1.6%

After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.

• Apr 19, 2023Soybean and soybean oil prices are rising amid another cut in Argentina’s crop forecasts-4.9%
• Mar 16, 2020AgRural reduces soybean forecast for 19/20 crop due to drought in Rio Grande do Sul - DatamarNews+1.9%
• Jan 17, 2022Brazil’s Drought Reduces Grain Harvest Forecasts+3.4%
• Jun 29, 2023US Midwest drought expands, but forecast rains offer relief to crops | Reuters+5.2%
• May 1, 2026Flash droughts reduce national-scale crop yields in the United States-0.4%