European Rapeseed Prices Face Pressure as Canadian Harvest Advances

Rapeseed prices in Europe remain under pressure from improving Canadian harvest progress, increased Canadian and Australian supplies, and renewed Ukrainian availability. November canola futures in Winnipeg traded at CAD 812/t, down 2% month-on-month, while dry and warm weather expected over the following 7–10 days could support completion of the harvest. By October 5, harvesting had reached 72% in Saskatchewan and 56% in Alberta; Manitoba was at 86% on October 14.

EU rapeseed imports fell 14% year-on-year in the first three months of the 2026/27 season to 871,500 tonnes. Ukrainian supplies dropped from 600,000 tonnes to 336,000 tonnes, mainly because of shipping problems from Black Sea ports. Australia increased shipments by 35% to 185,100 tonnes, while Canadian deliveries reached 121,700 tonnes, compared with almost zero a year earlier.

Ukrainian export bids declined by $10–15/t during the week to $475–500/t delivered to Danube ports, reflecting higher freight costs. Offers remained $500–520/t at western border terminals, while Constanta delivery was quoted at $575–580/t. Increased competing supply may weigh further on Ukrainian purchase prices.

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