Rapeseed /Canola & Oilseeds
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The WASDE report raises rapeseed production globally, including in the EU and Ukraine.
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However, market reports recently show a decline in oilseed futures partly due to oversupply (e.g. good canola harvests in Australia).
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Ukrainian export quotations for rapeseed are under pressure, influenced by weak demand and competition from the EU market.
2-4 weeks forecast
Rapeseed / canola: Stable to slightly negative - oversupply globally + weak demand from EU and Black Sea region limit rally opportunities, price pressure from competition and high inventories persist.
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Bullish: High global grain and oilseed production, stable demand for oilseeds and vegetable oils.
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Bearish: Global supply volume remains high; competition from other oilseeds and price competition worldwide dampen price potential.
ConclusionAccording to the December 2025 WASDE and the latest IGC Grain Market Report, the global supply of cereals and large grains (including maize) as well as oilseeds remains very high. For wheat and maize, everything points to an environment with stable to slightly falling prices - high competitive pressure and growing stocks remain dominant. Rapeseed shows relative stability with slightly positive trends, depending on the demand for vegetable oils. Market participants in the EU and Germany should expect that price rallies are unlikely in the short term - positioning is rather defensive.
