According to the monthly supply and demand report issued by the Canadian Department of Agriculture and Agri-Food (AAFC), due to the drought in Canadian rapeseed producing areas, there is uncertainty about whether Canadian rapeseed prices production can increase, and the rapeseed ending stocks this year may fall to an 8-year low. The 2020/21 average Canadian rapeseed prices estimate is raised by 45 Canadian dollars/ton to a record 700 Canadian dollars/ton. The estimated price of rapeseed for the 2021/22 season is raised by 50 Canadian dollars/ton to 650 Canadian dollars/ton.
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BTMA News on April 21
