Prospects of tight rapeseed supply at the world's biggest rapeseed exporter has driven up prices also in the EU, a major recipient of Canadian commodity.
In Winnipeg, the July contract reached a new record high at the equivalent of just less than EUR 661 per tonne on 13 July 2021. An exceptional increase had already been recorded in the days before, the limit-up price and the biggest possible gain in one trading day having been reached. In other words, rapeseed rose around EUR 100 per tonne in Canada in a single week.
The surge was driven by expectations of
In Winnipeg, the July contract reached a new record high at the equivalent of just less than EUR 661 per tonne on 13 July 2021. An exceptional increase had already been recorded in the days before, the limit-up price and the biggest possible gain in one trading day having been reached. In other words, rapeseed rose around EUR 100 per tonne in Canada in a single week.
The surge was driven by expectations of
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