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Rapeseed and canola prices are falling as EU and Ukrainian rapeseed crop forecasts rise and unsold European stocks weigh on the market. Euronext August rapeseed hit its lowest since July 2021, and Rotterdam rapeseed oil fell about 10% in two weeks as biofuel demand eased.
Lower rapeseed oil and meal prices make vegetable-oil-based feed ingredients cheaper, and a larger EU and Ukrainian crop adds supply.
ukragroconsult.comMay 19, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
