# Rapeseed: low exchange rate causes prices to rise - Mundus Agri

> Winnipeg rapeseed traded at C$459 per tonne while Paris rapeseed was unchanged at EUR 402.75. Canadian canola weakened as US soybean oil fell after a NOPA report showed stocks rising sharply in January and rail blockades pressured prices.

- Date: 2020-02-19 · published 2020-02-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54701-rapeseed-low-exchange-rate-causes-prices-to-rise-mundus-agri
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A weaker euro lifted European rapeseed prices, while rail disruption and rising US soyoil stocks weigh on canola, which may keep canola meal competitively priced for feed buyers.

## Read by commodity

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

## Sources

- mundus-agri.eu: https://www.mundus-agri.eu/news/rapeseed-exchange-rate-prices-rise.n20482.html

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