# Rapeseed: more confidence in coping with Covid-19 - Mundus Agri

> European rapeseed prices rose on March 3, 2020, with Winnipeg canola up C$5.50 to C$459.30 per tonne and Paris rapeseed up EUR 5.00 to EUR 385.75 per tonne. Firmer U.S. and Malaysian biofuel-related targets, higher crude oil, and stronger Chicago soybean and Malaysian palm oil prices supported the gains.

- Date: 2020-03-03 · published 2020-03-03T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/54242-rapeseed-more-confidence-in-coping-with-covid-19-mundus-agri
- 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), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher vegetable oil and crude prices lift oilseed values and the cost of rapeseed meal for feed buyers, while stronger biofuel demand supports the oil side of the crush.

## Read by commodity

- SBO: bullish ▲
- WTI: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-07-12 | [Canola and rapeseed prices continue to recover after falling 12.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/12501-canola-and-rapeseed-prices-continue-to-recover-after-falling-12-07-2022.md) | -1.6% | +1.3% |
| SBO | 2018-07-16 | [EPA released proposed biofuels volumes in RFS with mixed industry reaction - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/63925-epa-released-proposed-biofuels-volumes-in-rfs-with-mixed-industry-reaction.md) | +1.5% | +0.7% |
| SBO | 2026-06-16 | [Biofuels sector confident in meeting higher blending requirements - Brownfield Ag News](https://feedsoft.ai/events/15019-biofuels-sector-confident-in-meeting-higher-blending-requirements-brownfield-ag.md) | -1.5% | +5.5% |
| SBO | 2020-09-16 | [More work to be done in biofuel industry - Brownfield Ag News](https://feedsoft.ai/events/50993-more-work-to-be-done-in-biofuel-industry-brownfield-ag-news.md) | -1.2% | -1.1% |
| SBO | 2026-03-27 | [Biodiesel industry pleased with historic RVO announcement - Brownfield Ag News](https://feedsoft.ai/events/15042-biodiesel-industry-pleased-with-historic-rvo-announcement-brownfield-ag-news.md) | +2.3% | +4.4% |
| PALMOIL | 2022-07-12 | [Canola and rapeseed prices continue to recover after falling 12.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/12501-canola-and-rapeseed-prices-continue-to-recover-after-falling-12-07-2022.md) | -5.2% | -5.0% |
| PALMOIL | 2023-07-25 | [Unpicking the Huge Rally in Oilseed Markets \| CZ app](https://feedsoft.ai/events/11933-unpicking-the-huge-rally-in-oilseed-markets-cz-app.md) | -0.8% | -3.6% |
| PALMOIL | 2026-10-18 | [Malaysia CPO to be more expensive with MPOB's higher reference price, say analysts](https://feedsoft.ai/events/528-malaysia-cpo-to-be-more-expensive-with-mpob-s-higher-reference-price-say.md) | +0.4% | — |

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/rapeseed-confidence-coping-covid-19.n20829.html

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