This week’s episode delivers a focused analysis of developments across the global canola and rapeseed markets.

• Canada’s canola market is showing renewed strength, with prices climbing 1.5 percent to C$659.80 per ton, marking a 16 percent increase year over year. This rebound occurs despite ongoing trade tensions with China, which previously imposed anti-dumping fees on Canadian canola. Forecasts also indicate a slight harvest increase of 70,000 tons, bringing the total to 19.25 million tons for the upcoming season.
• In the European Union, a U.S. Department of Agriculture report projects a 2.79 million ton rise in rapeseed production, bringing total output to 19.65 million tons. This forecast includes a 200,000 ton upward revision from previous estimates. Correspondingly, the Paris Stock Exchange shows a 1.6 percent increase in the November contract, now priced at €473.75 per ton, reflecting a 4.6 percent annual gain.
• Contrasting this growth, Ukraine anticipates a 300,000 ton reduction in its rapeseed output, totaling 3.5 million tons. Russia is also expected to see a decline, with harvest projections falling by 650,000 tons to 5.3 million tons. These decreases may influence both countries’ export capacities and their roles in the global market.
• Australia, however, is projected to increase production by 210,000 tons, reaching 6.15 million tons for the upcoming season. This growth enhances Australia’s standing in the global oilseeds market and bolsters its export outlook.
• These developments underscore the interconnected nature of global rapeseed and canola markets. Regional outputs are shaped by a mix of trade policies, geopolitical factors, and local agricultural conditions, creating a complex environment for producers and traders alike.