# Rapeseed torn between tight fundamentals and negative oil prices - Graintab

> CRM AgriCommodities analysis says the 2020 EU rapeseed crop is unlikely to recover much this year because planting conditions have been poor. The piece weighs this tight supply picture against negative oil prices. The full text is behind a subscription wall.

- Date: 2020-04-23 · published 2020-04-23T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/53738-rapeseed-torn-between-tight-fundamentals-and-negative-oil-prices-graintab
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A small EU crop supports rapeseed meal and oil prices, but weak crude and falling biodiesel demand cap the upside for oilseed values.

## Read by commodity

- SBO: bearish ▼
- WTI: bearish ▼
- CANMEAL: bullish ▲

## Sources

- graintab.com: https://www.graintab.com/crude-oil-flirts-with-10-barrel-2/

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