Canola fell to 705.87 CAD/T on June 24, 2025, down 2.00% from the previous day. Over the past month, Canola's price has fallen 1.66%, but it is still 21.70% 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 June of 2025.

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

Rapeseed rose to 485.54 EUR/T on June 6, 2025, up 1.15% from the previous day. Over the past month, Rapeseed's price has risen 3.47%, and is up 4.41% 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).

Canola price of Manitoba rose by 0.80% from 604 dollars per metric tonne in 2024M9 to 609 dollars per metric tonne in 2024M10. Since the 1.28% decline in 2024M8, canola price fell by 1.10% in 2024M10.

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

United States - Producer Price Index by Commodity: Farm Products: Canola was 95.43200 Index Dec 2011=100 in April 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 June of 2025.

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.

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

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Canola Oil Market Size 2024-2028

The canola oil market size is forecast to increase by USD 5.54 billion at a CAGR of 3.04% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increasing awareness among consumers of the health benefits associated with this versatile oil. Canola oil is rich in monounsaturated and polyunsaturated fatty acids, which are essential for maintaining heart health and reducing inflammation. This health consciousness trend is expected to continue, fueling the demand for canola oil in various food applications. Another key driver for the market is its usage in the production of plasticizers and adhesives. Canola oil's unique properties, such as its low toxicity and high oxidative stability, make it an ideal choice for these applications. This industrial use segment is expected to contribute significantly to the market's growth. However, the market also faces challenges. The increasing popularity and availability of substitute oils, such as olive oil and coconut oil, pose a threat to market growth. Consumers are increasingly seeking out alternative oils for their unique flavors and health benefits, which may divert attention away from canola oil. Additionally, the volatility of raw material prices and supply chain disruptions can negatively impact market growth. Companies operating in the market must navigate these challenges effectively to capitalize on the opportunities presented by the growing demand for this oil.

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

Request Free SampleThe market continues to evolve, shaped by various market dynamics and applications across diverse sectors. Agricultural practices, such as oilseed production and crop yield, significantly impact the industry, with sustainable farming practices gaining prominence. The fatty acid profile of canola oil, rich in unsaturated fats, aligns with health-conscious consumer preferences, driving demand in food processing and cooking oil segments. Health concerns, including trans fat and saturated fat content, influence market trends, leading to new product development in unrefined and non-GMO canola oils. Sustainability certification and quality competition are crucial factors in supply chain management and brand awareness. Food manufacturing and food service sectors leverage canola oil's versatility in various applications, from industrial-grade uses to food-grade and edible oil segments. The refining process, from oil extraction to bulk sales, undergoes constant improvement to meet evolving consumer demands and price competition. Dietary trends and food safety concerns shape marketing strategies, with a focus on health benefits and food processing transparency. Canola oil's nutritional value, including omega-3 fatty acids, further bolsters its appeal. The global market exhibits regional variations, with consumer preferences and regulatory frameworks influencing market trends. Sustainability certification, such as the Roundtable on Sustainable Palm Oil (RSPO) and Certified Sustainable Canola (CSC), plays a vital role in ensuring ethical and sustainable farming practices. Quality competition, driven by consumer expectations and regulatory requirements, pushes companies to innovate and differentiate their offerings. In conclusion, the market is a dynamic and evolving landscape, shaped by agricultural practices, health concerns, food processing, sustainable farming, vegetable oil, cooking oil, supply chain management, product differentiation, sustainability certification, quality competition, and various other factors. The ongoing unfolding of market activities and evolving patterns underscores the importance of staying informed and adaptable in this ever-changing industry.

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 billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeConventionalOrganicApplicationCookingIndustrialBiofuelDistribution ChannelSupermarkets/HypermarketsOnline RetailDirect SalesGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest 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, is a widely used edible oil in the global market. The production process involves solvent extraction, primarily utilizing hexane, followed by refining, bleaching, and deodorization (RBD) to produce conventional canola oil. The affordability and accessibility of conventional canola oil make it a preferred choice for consumers over organic canola oil. However, consumer prefer

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

Get the latest insights on price movement and trend analysis of Rapeseed Oil in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In September 2022, the crude rapeseed oil price stood at $2,236 per ton (FOB, Canada), with an increase of 36% against the previous month.

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?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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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

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

The Rapeseed Market Report is Segmented Into Geography (North America, Europe, Asia-Pacific, and Middle-East and Africa). The Study Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis.

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

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.

This statistic shows the average price per tonne of rapeseed in the United Kingdom (UK) from 2000 to 2015, according to agricultural commodity price figures. The average price per tonne of rapeseed in 2012 was 393.21 British Pound Sterling (GBP).