# Australian rapeseed prices fall to eight-month low

> Australian rapeseed (canola) prices in Victoria fell 4.6% over the week to AUD 754 per tonne on a Geelong-Melbourne port basis, the lowest in eight months. The decline followed weaker French rapeseed futures and a sharp fall in crude oil after the US midterm results. The Australian dollar also hit an eight-month low at 68.9 US cents.

- Date: 2026-11-12 · published 2026-11-12T15:06:30.464Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/95637-australian-rapeseed-prices-fall-to-eight-month-low
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower European futures and crude prices weaken the biofuel demand case for vegetable oils and pressure Australian export values. Buyers sourcing oilseed meal from Australia may see softer offers, though a weaker currency partly offsets this.

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australian-rapeseed-prices-fall-to-eight-month-low/

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