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Rapeseed and canola fell after Brent dropped about 8% to $105 a barrel on reduced Iran tensions. Paris February rapeseed slipped 1.7% and Winnipeg January canola fell 0.8%, while Agriculture and Agri-Food Canada raised its 2026/27 canola ending stock forecast by 32% to 1.979 million tonnes.
A sharp crude decline lowers biofuel-linked demand for vegetable oils, and the higher Canadian ending stocks add supply pressure. Strong Chinese demand and delayed Australian harvests provide some offset.
insights.tridge.comNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
