# North American Grain/Oilseed Review: Canola climbs higher 05.04.2022 - UkrAgroConsult

> ICE canola futures rose sharply on Monday to fresh contract highs in new-crop months, helped by gains in soyoil, rapeseed and palm oil. Concerns over reduced Ukrainian sunflower output and Black Sea export disruption added support, while a USDA report was due Friday.

- Date: 2022-04-05 · published 2022-04-05T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4037-north-american-grain-oilseed-review-canola-climbs-higher-05-04-2022
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Ukrainian sunflower supply and Black Sea disruption tighten global vegetable oil and meal markets, supporting canola and related oilseed prices.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-14 | [North American Grain and Oilseed Review: Old, new crops head in opposite directions 14.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/42685-north-american-grain-and-oilseed-review-old-new-crops-head-in-opposite.md) | -0.4% | +12.9% |
| SBO | 2022-07-07 | [Ukraine exported a record amount of sunflower, but will cut production in half in the new season 07.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40603-ukraine-exported-a-record-amount-of-sunflower-but-will-cut-production-in-half.md) | -1.5% | +0.6% |
| SBO | 2022-11-01 | [Vegetable oil futures surge as Russia-Ukraine grain deal comes to abrupt end 01.11.2022 - UkrAgroConsult](https://feedsoft.ai/events/8076-vegetable-oil-futures-surge-as-russia-ukraine-grain-deal-comes-to-abrupt-end-01.md) | +4.0% | +0.2% |
| SBO | 2022-03-22 | [Ukraine Sunflower Planting to Sink With Crop Hit Hardest by War 22.03.2022 - UkrAgroConsult](https://feedsoft.ai/events/42395-ukraine-sunflower-planting-to-sink-with-crop-hit-hardest-by-war-22-03-2022.md) | +0.1% | +271.7% |
| SBO | 2022-04-20 | [Grain market review: Oilseeds \| World Grain](https://feedsoft.ai/events/41951-grain-market-review-oilseeds-world-grain.md) | +1.3% | -1.8% |
| PALMOIL | 2022-02-14 | [North American Grain and Oilseed Review: Old, new crops head in opposite directions 14.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/42685-north-american-grain-and-oilseed-review-old-new-crops-head-in-opposite.md) | +1.3% | +14.5% |
| PALMOIL | 2022-04-01 | [Soybean oil prices have fallen, but palm and sunflower oil prices remain high 01.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/4038-soybean-oil-prices-have-fallen-but-palm-and-sunflower-oil-prices-remain-high-01.md) | -8.9% | -1.8% |
| PALMOIL | 2022-11-01 | [Vegetable oil futures surge as Russia-Ukraine grain deal comes to abrupt end 01.11.2022 - UkrAgroConsult](https://feedsoft.ai/events/8076-vegetable-oil-futures-surge-as-russia-ukraine-grain-deal-comes-to-abrupt-end-01.md) | +13.1% | +9.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/north-american-grain-oilseed-review-canola-climbs-higher-4/

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