Rapeseed markets continue to rise. The November contract at Euronext climbed by €5.75 to €496 per tonne. Geopolitical tensions, especially in the Middle East, are driving oil prices higher, which is pushing up rapeseed prices as well. The smaller European rapeseed harvest is also tightening supply, supporting the market.

Forecast

Due to the limited supply and rising energy prices, rapeseed markets are likely to remain supported in the coming weeks.





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