Rapeseed Ends Week Strong – Dry Weather in Europe Supports Market

Rapeseed Ends Week Strong – Dry Weather in Europe Supports Market

Rapeseed futures climbed on Friday, ending the week with solid gains. Concerns about dry conditions in key growing regions added weather-related support to the market.

---

📊 Market Situation & Price Development

On Friday, the August 2025 contract at Euronext rose by €5.00 to €483.75/t, marking a weekly gain of €12.50 or +2.7%. The entire curve posted gains, supported by firmness in Canadian canola and dryness in Europe.

*Estimated based on curve dynamics.

Canadian canola also firmed:

• Jul 25: +8.30 CAD to 702.70 CAD/t
• Nov 25: +5.70 CAD to 673.70 CAD/t

---

🌍 Key Market Drivers

• European Weather StressDry conditions in France, Germany, and Poland raised concerns about yield potential. Only Scandinavia and the Baltic expect minor rainfall.
• Wheat Conditions Point to Rapeseed RisksLower French winter wheat ratings implied similar stress for rapeseed.
• Canola SupportICE canola advanced for both old and new crop positions. Tight old crop stocks and strong early planting conditions in Canada boosted confidence.
• Export Demand StableWhile vegetable oil markets were volatile, rapeseed remained well-supported thanks to stable demand from crushers and biofuel sectors.

---

💼 Trading Strategy & Market Outlook

A breakout above €485/t would open the door for a move toward €495. Near-term support is seen at €475/t.

Strategy:– Hold existing long positions– Producers can begin strategic hedging above €490/t– Monitor weather updates and canola strength for continuation

---

📈 3-Day Price Forecast (Aug 25 Contract)

---

🌦️ 14-Day Weather Outlook – Rapeseed Regions