# Falling oil prices put pressure on rapeseed prices

> Brent crude futures fell about 8% to $105/barrel after reports that Trump does not want to start military action against Iran and will push harder for negotiations. February rapeseed futures in Paris slipped 1.7% to €546/t, while January canola in Winnipeg fell 0.8% over the week. Agriculture and Food Canada raised its 2026/27 canola ending stocks forecast by 32% to 1.979 million tons.

- Date: 2026-11-03 · published 2026-11-03T12:06:27.960Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77502-falling-oil-prices-put-pressure-on-rapeseed-prices
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower crude weakens the biofuel-linked demand case for vegetable oils, pulling oilseed prices down. The higher Canadian stocks estimate adds bearish pressure on canola, though continued Chinese buying and Australian supply uncertainty limit the downside.

## Read by commodity

- SBO: bearish ▼
- BRENT: bearish ▼
- CANMEAL: bearish ▼

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/padinnya-naftovih-kotiruvan-tisne-na-tcini-ripaku.html

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