# Canola movement into the EU hinges on domestic crop, biodiesel demand - RealAgriculture

> EU canola imports more than doubled year over year through mid-March, offsetting nearly half of the Canadian tonnage that would have gone to China. LeftField says lower fuel prices could cut EU biodiesel demand for rapeseed, though feedstock economics may limit downside.

- Date: 2020-05-11 · published 2020-05-11T12:00:00.000Z
- Category: trade · region Europe · magnitude low
- Page: https://feedsoft.ai/events/53093-canola-movement-into-the-eu-hinges-on-domestic-crop-biodiesel-demand
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Strong EU import demand supports canola export prices, while weaker biodiesel demand from falling fuel prices is a bearish offset.

## Read by commodity

- CANMEAL: neutral

## Sources

- realagriculture.com: https://www.realagriculture.com/2020/05/canola-movement-in-to-the-eu-hinges-on-domestic-crop-biodiesel-demand/

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