Canola rose to 690.70 CAD/T on July 4, 2025, up 0.24% from the previous day. Over the past month, Canola's price has fallen 1.19%, but it is still 4.96% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Canola - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Farm Products: Canola (WPU01830171) from Dec 2011 to May 2025 about agriculture, oil, commodities, PPI, inflation, price index, indexes, price, and USA.

Rapeseed rose to 466.47 EUR/T on July 4, 2025, up 1.18% from the previous day. Over the past month, Rapeseed's price has fallen 2.82%, and is down 8.04% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Rapeseed Oil.

Australia Commodity Price Index: Weights: Rural Commodities: Canola data was reported at 0.500 % in Feb 2013. This stayed constant from the previous number of 0.500 % for Jan 2013. Australia Commodity Price Index: Weights: Rural Commodities: Canola data is updated monthly, averaging 0.500 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 0.500 % in Feb 2013 and a record low of 0.400 % in Aug 2009. Australia Commodity Price Index: Weights: Rural Commodities: Canola data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

United States - Producer Price Index by Commodity: Farm Products: Canola was 95.90400 Index Dec 2011=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Farm Products: Canola reached a record high of 186.69200 in April of 2022 and a record low of 63.30000 in September of 2019. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Farm Products: Canola - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Global price of Rapeseed Oil (PROILUSDM) from Jan 1990 to May 2025 about oil, World, food, and price.

Rapeseed oil prices in , April, 2025 For that commodity indicator, we provide data from February 2002 to April 2025. The average value during that period was 982.99 USD per metric ton with a minimum of 410.77 USD per metric ton in April 2002 and a maximum of 2266.17 USD per metric ton in April 2022. | TheGlobalEconomy.com

Learn about current grain prices per bushel for corn, wheat, soybeans, and oats, and how they are impacted by weather conditions, export demand, and government policies affecting production and trade.

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Canola Oil Market Size 2025-2029

The canola oil market size is forecast to increase by USD 6.91 billion, at a CAGR of 3.3% between 2024 and 2029.

The market is driven by the increasing awareness of the health benefits associated with this versatile oil. Rich in monounsaturated and polyunsaturated fats, canola oil is a preferred choice for health-conscious consumers, leading to its growing demand in the food industry. Furthermore, the utilization of canola oil extends beyond the culinary sphere, with its application in plasticizers and adhesives industries. However, the market faces challenges from the rising popularity of substitute oils, such as olive oil and coconut oil, which are also promoted for their health benefits.
Companies in the market must navigate this competitive landscape by focusing on product innovation, cost competitiveness, and effective marketing strategies to maintain their market share. Additionally, ensuring sustainable sourcing and production practices can help bolster brand reputation and consumer trust, providing a strategic advantage in the market.

What will be the Size of the Canola Oil Market during the forecast period?

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The market continues to evolve, shaped by dynamic market dynamics and various applications across multiple sectors. Canola oil production is a significant contributor to the market, with ongoing efforts in crop breeding and yield optimization driving growth. Simultaneously, biodiesel production from canola oil is gaining traction as a renewable energy source, adding to the market's complexity. The food service industry and retail distribution sectors are major consumers of canola oil, with competition from various edible oils and changing consumer preferences influencing market trends. The competition landscape is diverse, with players focusing on product differentiation through omega-3 fatty acid content, non-GMO and organic offerings, and sustainable agriculture practices.

Oilseed byproducts, such as canola meal, have additional value in animal feed and fertilizer industries, further impacting market dynamics. New technologies, including improved crushing technology and refining methods, are shaping the market, while sustainability concerns and environmental impact assessments influence pricing trends. The fatty acid profile and health benefits of canola oil, including heart health and disease resistance, continue to drive demand. Culinary applications, from salad dressings to frying oil, expand the market's reach. Sustainable agriculture practices, pest control methods, and packaging formats are essential considerations for market players, ensuring a continuous focus on innovation and adaptation. The global production of canola oil is subject to market volatility and supply chain management challenges, with regional production patterns and transportation logistics influencing pricing and availability.

As consumer dietary habits shift, market dynamics will continue to evolve, requiring agility and strategic planning from industry participants.

How is this Canola Oil Industry segmented?

The canola oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Conventional
  Organic


Application

  Cooking
  Industrial


Product Type

  Processed
  Virgin
  Cold-pressed
  Extracted


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The conventional segment is estimated to witness significant growth during the forecast period.

Canola oil, derived from genetically modified rapeseed, undergoes solvent extraction using hexane for oil separation. This process contrasts with pressing techniques used for other oils. The extracted oil then undergoes refining, bleaching, and deodorization (RBD) for commercial production. The affordability and widespread availability of conventional canola oil contribute to its popularity among consumers, despite its inability to be certified organic. Crop breeding and yield optimization have significantly increased canola oil production, making it a leading vegetable oil in the global market. The oil's health benefits, including heart health, disease resistance, and a favorable fatty acid profile, contribute to its widespread use in various industries.

Food service, retail distribution, and the production of biodiesel are significant sectors for canola oil consumption. Environmental concerns, such as carbon footprint and land use, have led to the development of

The global canola seed market is experiencing robust growth, driven by increasing demand for vegetable oils and biofuels. The market size in 2025 is estimated at $15 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several factors, including rising global populations necessitating increased food production, the expanding use of canola oil in food processing and consumer products due to its health benefits (lower saturated fat content), and the increasing adoption of canola as a sustainable biofuel source in response to environmental concerns. The Non-GMO segment is expected to hold a significant share due to growing consumer preference for natural and organic products. The modern trade channel dominates current sales, but e-retailers are experiencing rapid growth, indicating a shift towards online purchasing. Key players like Monsanto, DuPont, Syngenta, Bayer, and Dow are investing heavily in research and development to improve crop yields and develop genetically modified varieties with enhanced traits. However, the market faces constraints such as volatile commodity prices, climate change impacts on crop yields, and potential regulatory hurdles associated with GMO crops. The regional distribution of the canola seed market reflects global agricultural patterns. North America and Europe currently hold substantial shares, but the Asia-Pacific region, particularly China and India, is projected to witness significant growth due to expanding agricultural activities and rising consumption of vegetable oils. Strategic partnerships, mergers and acquisitions within the industry are anticipated to reshape the competitive landscape, furthering innovation and driving market consolidation. Furthermore, increasing focus on sustainable agricultural practices and traceability within the supply chain will also influence market dynamics in the coming years. The forecast period (2025-2033) presents ample opportunities for companies to capitalize on emerging trends and technological advancements within the canola seed sector.

Learn about the different factors that affect Canadian grain prices per bushel, including type, quality, demand, and supply. Discover the price ranges for wheat, barley, canola, corn, and oats, and understand how market dynamics and global trends impact these prices.

The canola oil market offers a wide range of products, including refined, unrefined, and organic canola oils. Refined canola oil is widely used in cooking and food processing due to its neutral taste and high smoke point. Unrefined canola oil retains a richer flavor and aroma and is preferred for use in salad dressings and marinades. Organic canola oil is produced from organically grown canola seeds and is free from pesticides and herbicides. Recent developments include: March 2023: A commercial partnership between Corteva Inc. and Chevron U.S.A. Inc., a division of Chevron Corporation, aims to create specialized winter canola hybrids that yield plant-based oil with a lower carbon profile. The objective is to boost the supply of vegetable oil feedstocks, mainly for the expanding domestic market for renewable fuels. To provide farmers with a sustainable crop rotation and a new source of income, the firms intend to introduce the winter canola crop to the southern United States., August 2021: Control Chemical Corp., a producer of environmentally safe drilling fluids and lubricants based on vegetable oils, will be acquired by Richardson International Ltd., a large canola oil producer based in Winnipeg, Canada. Control Chemical Corp. receives crude canola oil from Richardson International Ltd.; this acquisition will open doors and assist Control Chemical Corp. in expanding its market reach for downhole and torque-reducing lubricants that are safe for the environment.. Key drivers for this market are: Increasing demand for clean label products 24, Strong growth of bakery & confectionaery products 24; Improvement of Product Appeal 25; Increasing demand for organic food & beverages 25. Potential restraints include: High cost of natural food color ingredients 26, Synthetic color, an economical solution 27. Notable trends are: Growing number of disease is driving the market growth.

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Canola Meal Market Size 2025-2029

The canola meal market size is forecast to increase by USD 483.7 million at a CAGR of 3.3% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing demand from the poultry industry. This sector's expansion is fueled by the nutritional benefits of canola meal, which includes high protein content and essential amino acids, making it an attractive alternative to traditional animal feed sources. Its nutritional profile, which includes high levels of methionine, lysine, and arginine, makes it an excellent alternative to fishmeal in aquaculture feed. Furthermore, the influence of online retailing is transforming the market landscape, enabling easier access to a wider range of suppliers and increasing market competitiveness. However, the market faces challenges, including intense competition from alternative protein sources, such as soybean meal and fishmeal, which may impact pricing and market share.
Companies seeking to capitalize on market opportunities must focus on product innovation, cost competitiveness, and strategic partnerships to maintain a strong market position. Navigating these challenges requires a deep understanding of market trends and consumer preferences, as well as the ability to adapt to evolving industry dynamics. The versatility of canola meal and its positive impact on animal health make it a valuable addition to the feed industry.

What will be the Size of the Canola Meal Market during the forecast period?

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Canola meal, derived from oilseed rape (Brassica napus), is a key player in the global protein market. Its heart-health benefits, including cholesterol reduction and omega-3 fatty acids, make it an attractive option for food manufacturers. However, erucic acid content is a critical factor in canola meal production, as strict food labeling regulations mandate low levels. Effective storage and handling techniques are essential to maintain canola meal quality. Herbicide tolerance and disease resistance in hybrid varieties contribute to increased yield potential. Consumer preferences for gluten-free and low-fat diets influence market trends, driving demand for canola meal with favorable fatty acid composition and dietary fiber content.
Agronomic practices, such as harvesting techniques and moisture content management, significantly impact canola seed quality. Genetic modification and pest resistance enhance production efficiency. Quality testing is crucial to ensure consistency and meet stringent industry standards. In the competitive market, understanding consumer perception and adhering to food labeling regulations are vital. Erucic acid content, fatty acid composition, and moisture content are key factors influencing market dynamics. Canola meal's health benefits continue to drive demand, making it a valuable ingredient in various industries.

How is this Canola Meal Industry segmented?

The canola meal industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Animal feed
  Industrial


Type

  Conventional
  Organic


Channel

  Direct sales (B2B)
  Distributors or wholesalers
  Online retail


Geography

  North America

    US


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The animal feed segment is estimated to witness significant growth during the forecast period. Canola meal, a byproduct of canola oil extraction, is a valuable animal feed ingredient, rich in protein and essential nutrients. With a protein content similar to soybean meal, canola meal is increasingly used in dairy, poultry, and livestock feed formulations. Canola meal's use in animal feed has been linked to improved growth performance and milk production. Renewable energy production from canola oil byproducts, such as biodiesel, adds to its appeal. The supply chain for canola meal is well-established, ensuring feed safety and consistent quality.

Canola meal's production involves minimal water usage and is often integrated with sustainable agricultural practices, such as crop rotation and organic production. The demand for canola meal continues to grow due to its nutritional benefits and its role in reducing reliance on traditional fishmeal sources. Feed additives and manufacturing processes further enhance its value, making it a versatile ingredient in various feed formulations. Canola meal's integration into the feed industry supports the production of biobased products and red

This table contains weekly and monthly average prices for different Manitoba crops. Prices are based on weekly surveys of grain buyers' pricing as well as other publicly available market sources. The table contains prices for current and previous years, as well as five-year average weekly and monthly prices. Each weekly dataset contains prices on the sales that occurred from Friday to Thursday. The monthly price represents a simple average of the corresponding weekly prices. For more information on major crops in Manitoba please visit ARD Livestock Markets and Statistics website. This table is used in the Manitoba Crop Prices and Manitoba Crop Prices Current year dashboards. Fields included [Alias (Field name): Field description]

Period (Period): Period of time to be presented on charts from the selection of Monthly and Weekly. PeriodNo (PeriodNo): Serial number of period (1-12 for monthly presentation, 1-52 for weekly presentation) – For weekly presentation, each week contains prices on sales that occurred from Friday to Thursday (e.g., Week 1 of 2021 represents sales between Friday, Jan. 1, 2021 and Thursday, Jan. 7, 2021, with the corresponding report published by the department on Friday, Jan. 8, 2021). For monthly presentation, each month contain a simple average price of weeks, which had more than two days of corresponding month in the period from Monday to Frida (e.g., i.e. if the first day of month is Monday, Tuesday or Wednesday, monthly average includes this week. But if the first day of month is Thursday or Friday, the weekly prices are included in monthly average prices of a pervious month). Crop Category (Crop): Category of grains and oilseeds from the selection of:

Wheat, Northern Hard Red; Wheat, Western Red Spring; Wheat, Red Winter; Wheat, Special Purpose (Low Vomi); Barley, #1CW; Corn, #2; Oats, #2CW; Flaxseed, #1CW; Canola, #1CR; Canola Meal, 34%, Altona; Soybeans; Soymeal, 46%, Wpg; Peas, #2 Yellow; Wheat, Western Red Spring;

Previous Year Price (Previous): Crop price in corresponding period of previous year, in C$ per tonne. Current Year Price (Current): Crop price in corresponding period of current year, in C$ per tonne. 5-Year Average Price (Average5): Crop price in corresponding period averaged over last five years (excluding current year), in C$ per tonne

1281 Global export shipment records of Canola Seeds with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

18360 Global import shipment records of Canola Oil with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Manitoba market crop prices, based on weekly surveys of grain buyers' pricing This table contains weekly and monthly average prices for different Manitoba crops. Prices are based on weekly surveys of grain buyers' pricing as well as other publicly available market sources. The table contains prices for current and previous years, as well as five-year average weekly and monthly prices. Each weekly dataset contains prices on the sales that occurred from Friday to Thursday. The monthly price represents a simple average of the corresponding weekly prices. For more information on major crops in Manitoba please visit ARD Livestock Markets and Statistics website. This table is used in the Manitoba Crop Prices and Manitoba Crop Prices Current year dashboards. Fields included [Alias (Field name): Field description] Period (Period): Period of time to be presented on charts from the selection of Monthly and Weekly. PeriodNo (PeriodNo): Serial number of period (1-12 for monthly presentation, 1-52 for weekly presentation) – For weekly presentation, each week contains prices on sales that occurred from Friday to Thursday (e.g., Week 1 of 2021 represents sales between Friday, Jan. 1, 2021 and Thursday, Jan. 7, 2021, with the corresponding report published by the department on Friday, Jan. 8, 2021). For monthly presentation, each month contain a simple average price of weeks, which had more than two days of corresponding month in the period from Monday to Frida (e.g., i.e. if the first day of month is Monday, Tuesday or Wednesday, monthly average includes this week. But if the first day of month is Thursday or Friday, the weekly prices are included in monthly average prices of a pervious month). Crop Category (Crop): Category of grains and oilseeds from the selection of: Wheat, Northern Hard Red; Wheat, Western Red Spring; Wheat, Red Winter; Wheat, Special Purpose (Low Vomi); Barley, #1CW; Corn, #2; Oats, #2CW; Flaxseed, #1CW; Canola, #1CR; Canola Meal, 34%, Altona; Soybeans; Soymeal, 46%, Wpg; Peas, #2 Yellow; Wheat, Western Red Spring; Previous Year Price (Previous): Crop price in corresponding period of previous year, in C$ per tonne. Current Year Price (Current): Crop price in corresponding period of current year, in C$ per tonne. 5-Year Average Price (Average5): Crop price in corresponding period averaged over last five years (excluding current year), in C$ per tonne

Farm product prices, crops and livestock, by province (in dollars per metric tonne unless otherwise noted). Data are available on a monthly basis.

The North American rapeseed oil market in Q1 2025 is characterized by a cautiously optimistic demand recovery, particularly from the biofuel sector, amid ongoing supply constraints stemming from logistical disruptions and adverse weather in key exporting regions. Market sentiment is buoyed by improved trading conditions and a weaker US dollar, enhancing domestic competitiveness. However, inventory levels remain ample, prompting traders to prioritize stock clearance, which tempers upward price momentum despite persistent cost pressures from rising shipping and rival edible oil prices.

Manitoba market crop prices, based on weekly surveys of grain buyers' pricing This table contains weekly and monthly average prices for different Manitoba crops. Prices are based on weekly surveys of grain buyers' pricing as well as other publicly available market sources. The table contains prices for current and previous years, as well as five-year average weekly and monthly prices. Each weekly dataset contains prices on the sales that occurred from Friday to Thursday. The monthly price represents a simple average of the corresponding weekly prices. For more information on major crops in Manitoba please visit ARD Livestock Markets and Statistics website. This table is used in the Manitoba Crop Prices and Manitoba Crop Prices Current year dashboards. Fields included [Alias (Field name): Field description] Period (Period): Period of time to be presented on charts from the selection of Monthly and Weekly. PeriodNo (PeriodNo): Serial number of period (1-12 for monthly presentation, 1-52 for weekly presentation) – For weekly presentation, each week contains prices on sales that occurred from Friday to Thursday (e.g., Week 1 of 2021 represents sales between Friday, Jan. 1, 2021 and Thursday, Jan. 7, 2021, with the corresponding report published by the department on Friday, Jan. 8, 2021). For monthly presentation, each month contain a simple average price of weeks, which had more than two days of corresponding month in the period from Monday to Frida (e.g., i.e. if the first day of month is Monday, Tuesday or Wednesday, monthly average includes this week. But if the first day of month is Thursday or Friday, the weekly prices are included in monthly average prices of a pervious month). Crop Category (Crop): Category of grains and oilseeds from the selection of: Wheat, Northern Hard Red; Wheat, Western Red Spring; Wheat, Red Winter; Wheat, Special Purpose (Low Vomi); Barley, #1CW; Corn, #2; Oats, #2CW; Flaxseed, #1CW; Canola, #1CR; Canola Meal, 34%, Altona; Soybeans; Soymeal, 46%, Wpg; Peas, #2 Yellow; Wheat, Western Red Spring; Previous Year Price (Previous): Crop price in corresponding period of previous year, in C$ per tonne. Current Year Price (Current): Crop price in corresponding period of current year, in C$ per tonne. 5-Year Average Price (Average5): Crop price in corresponding period averaged over last five years (excluding current year), in C$ per tonne