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Euronext rapeseed for February 2027 closed down €10.50 at €528/t on 4 November, its lowest since 25 August, and traded flat the next morning. Argus reported that rapeseed oil also fell, with the February CME FOB Dutch Mill contract at €1,210/t, as oil dropped and the euro rose above 1.1250 against the dollar.
A weaker oil complex and a stronger euro reduce the euro-denominated value of European oilseeds and meal, easing feed input costs for European buyers. Lower biofuel margins also reduce demand support for rapeseed oil.
lafranceagricole.frNov 5, 2026After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Not enough comparable past events yet for a historical read.
After 40 past bearish macro events, Soybean Oil moved a median -0.8% over 5 sessions (45% higher; middle half -4.5% to +1.7%), and -1.5% over 20.
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.
