Rapeseed Prices Continue to Rise – Strong Canola and Tight Supply Push Futures Higher

Spread the news!

Rapeseed Prices Continue to Rise – Strong Canola and Tight Supply Push Futures Higher

Rapeseed prices at the Euronext climbed for the third consecutive session on Tuesday. Rising ICE canola prices and tightening supply expectations supported the oilseed market.


📊 Market Situation & Price Development

The August 2025 contract on the Euronext rose by €3.50 to €488.50/t, supported by gains in ICE canola futures and continued buying in the physical market.

Contract Price (€/t) Daily Change Trend
Aug 25 488.50 +3.50 ⬆️
Nov 25 492.25 +3.50* ⬆️
Feb 26 494.50 +3.50* ⬆️

*Estimated based on curve stability.

At ICE Futures Canada:

  • Jul 25 Canola jumped +15.60 CAD to 718.30 CAD/t
  • Nov 25 Canola gained +7.30 CAD to 681.00 CAD/t

🌍 Key Market Drivers

  • Tight Canola Supply Expected
    Concerns about lower Canadian acreage and an uncertain demand outlook drove canola futures higher across all terms.
  • Fast Seeding Progress in Alberta
    According to provincial data, 47% of canola planting was completed by May 13, well ahead of the 5-year average of 26%.
  • Supportive Physical Market
    German prices for new crop rapeseed are nearing €500/t FCA oil mill, boosting bullish sentiment.
  • Vegetable Oil Recovery
    Soy oil rebounded, supporting rapeseed’s oil value amid an ongoing reset in the global biodiesel narrative.

💼 Trading Strategy & Market Outlook

Rapeseed remains well supported with strong gains in ICE canola and physical strength in Europe. Watch for profit-taking above €490.

Strategy:
– Buy on dips near €485
– Watch canola spreads and biodiesel headlines for confirmation
– Sellers: Secure sales above €495 ahead of the EU harvest risk window


📈 3-Day Price Forecast (Aug 25 Contract)

Date Expected Range (€/t) Forecast
May 22 487–492 ⬆️ Bullish Bias
May 23 485–490 ➡️ Technical Zone
May 24 483–488 ➡️ Sideways

🌦️ 14-Day Weather Outlook – Rapeseed Regions

Region Trend Notes
France ☀️ Persistently dry Increasing stress during flowering
Germany/Poland 🌤️ Dry & stable Soil moisture is low, and some relief is forecast next week
Ukraine 🌧️ Spotty rain Topsoil improvement may stabilise the yield outlook
Canada (Canola) 🌤️ Ideal start