Brent futures fell 13.5% over the week, pressuring vegetable-oil and oilseed prices. Canola futures in Winnipeg and rapeseed futures in Paris each declined 4%, while rapid Canadian exports and limited Canadian and Australian imports helped limit further losses.
Ukrainian rapeseed export prices were broadly steady, and EU demand for Ukrainian supplies is expected to remain high.
Lower crude prices are weighing on oilseed prices, but strong export flows and constrained competing supplies are supporting rapeseed demand. This offsets some downward pressure on rapeseed and canola prices, while Ukrainian exporters continue to serve EU processors.
Not 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.