This episode delivers a concise overview of the current dynamics shaping the global canola and rapeseed markets.

• In France, rapeseed prices on the Paris Stock Exchange climbed 0.4% for November deliveries, reaching €477.225 per ton. This marks a 4.9% increase from the previous year and the highest price in four weeks. The short- to medium-term price trend is upward, despite an overall longer-term decline, signaling cautious optimism for European rapeseed investors.
• In Canada, canola prices on the Winnipeg Commodity Exchange rose 0.48% for November contracts, closing at C$659.40 per ton. However, the broader market remains in a downward trajectory, pressured by ongoing trade tensions with China. Canadian exporters face challenges, including heavy tariffs that could impose a 100% duty on approximately 400,000 tons of canola meal. As a result, traders are shifting focus to alternative markets such as Southeast Asia and South Korea, often at discounted rates.
• Russia's Novosibirsk region reported a substantial increase in oilseed exports, with rapeseed shipments tripling to 92,000 tons in the first half of the year. This growth is fueled by rising exports to Belarus, China, and Kazakhstan, supported by favorable government policies like the suspension of export duties on sunflower products.
• In Ukraine, rapeseed production has declined by 20%, intensifying competition among processors and exporters. A potential 10% export duty may further shift the balance toward domestic processing. As supply tightens, prices are adjusting, benefiting domestic processors with greater purchasing leverage.