# W51: Weekly Canola & Rapeseed Update

> Rapeseed prices on Matif rose 1.2% in the week, recovering from a near 1.5-year low as crude oil prices gained for a second week. Canadian canola was up 0.5% on the week, though both were roughly 15-25% below a year earlier. EU rapeseed imports rose 40% year on year to 3.26M MT, with Ukraine supplying about two-thirds.

- Date: 2022-12-28 · published 2022-12-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38345-w51-weekly-canola-and-rapeseed-update
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Firmer crude and a recovery from multi-year lows support vegetable oil values, but heavy EU import pace from Ukraine keeps rapeseed meal supply ample for feed buyers.

## Sources

- tridge.com: https://www.tridge.com/weekly-product-updates/w51-weekly-canola-rapeseed-update

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