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Paris rapeseed futures closed near €574.75 per ton while UK rapeseed delivered Erith reached £485 per ton, the highest this marketing year. Drought in North America cut Canadian canola, and USDA projected global rapeseed stocks-to-use at its tightest since 2011.
Very tight global rapeseed stocks support oilseed and meal prices, limiting cheaper protein options for feed buyers.
ahdb.org.ukAug 18, 2021Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, SBO moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
