# W8: Weekly Canola & Rapeseed Update

> Canola and rapeseed quotes weakened on global exchanges in the latest week, with most oilseed contracts lower while Matif rapeseed rose 2.5%. Analysts expect canola prices to face pressure from weaker Chinese oil and meal demand after the Spring Festival and from rising soybean supply.

- Date: 2023-02-28 · published 2023-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37282-w8-weekly-canola-and-rapeseed-update
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Softer Chinese demand for canola products and more soybean supply weigh on canola complex prices, which can spill over into meal values used in feed.

## Read by commodity

- SBO: neutral
- CANMEAL: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/weekly-product-updates/w8-weekly-canola-rapeseed-update

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