# Next season the balance of rapeseed in the EU will remain tense

> EU rapeseed production is forecast at a 13-year low after drought during sowing, with imports expected to rise. Ukraine's exports are nearly complete, leaving the EU without a clear source for at least 2.4 million tons, and Euronext rapeseed prices rose only about 5% over the period.

- Date: 2019-11-25 · published 2019-11-25T12:00:00.000Z
- Category: weather · region EU · magnitude medium
- Page: https://feedsoft.ai/events/56168-next-season-the-balance-of-rapeseed-in-the-eu-will-remain-tense
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Tight EU supply and reliance on Canadian or Australian seed support oilseed meal prices, though the modest Euronext rally suggests the market has priced in part of the deficit.

## Read by commodity

- CANMEAL: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/v-nastupnomu-sezoni-balans-ripaku-v-es-zalishitsya-napruzhenim.html

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