Data released by Statistics Canada indicates that during Week 35 of the 2025/26 marketing year, the pace of Canadian rapeseed oil exports accelerated. Export volume for the week totaled 280,000 tonnes, up from 230,000 tonnes the previous week. Year-to-date exports for the 2025/26 marketing year stand at 5.59 million tonnes—a 22.1% decrease compared to the same period last year (a decline that has narrowed slightly from the 22.7% year-on-year drop recorded the previous week).

The overall 22.1% year-on-year decline in rapeseed oil exports points to tightening supply, a factor bullish for spot rapeseed oil oil prices. Although the weekly export volume’s rise to 280,000 tonnes suggests a short-term rebound in demand, the reduction in annual supply is expected to constrain crushing volumes. This will lead to tighter rapeseed oil oil availability, thereby driving up spot prices. Overall market fundamentals remain supportive of upward price movement.

With rapeseed oil exports down 22.1% year-on-year, the contraction on the supply side is also bullish for spot rapeseed oil meal prices. As a byproduct of rapeseed oil crushing, a reduced supply of raw material could lead to lower rapeseed oil meal production. Coupled with the week's export growth—which reflects resilient demand—the resulting tight supply-demand balance is expected to bolster spot prices and foster positive market sentiment.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.