Canola Price
A Canadian-bred, low-acid variety of rapeseed, crushed into canola oil (cooking oil, biodiesel) and canola meal (animal feed) — the same dual-use pattern as soybeans. Canada is by far the largest producer and exporter, grown mainly across the Prairie provinces (Saskatchewan, Alberta, Manitoba); the EU (as rapeseed) and Australia are the other major producers. Prices move with global vegetable oil markets — competing directly with soybean and palm oil — and with Canadian crop conditions.
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). EU country options are Eurostat producer prices (annual); Canadian province options are Statistics Canada producer prices (monthly); US state options are USDA AMS daily cash grain bids (individual elevators/trade locations averaged per state per day), "United States" alone is USDA NASS's monthly national figure. "EU-27 (average)", "Canada (average)" and "US daily average" are simple, unweighted means across whichever member states/provinces/US states reported a price that period, computed by agri.markets — none of these sources publishes an official aggregate for this data, so these are not production-weighted figures. Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.