The CME Group Agriculture Index rose 6.37% in August, bringing its year-to-date gain to 16.16%. The rally was driven primarily by strong gains in grains and dairy, as higher energy costs linked to escalating tensions in the Middle East, disruptions to Black Sea exports and lower US yield estimates supported prices.
Global rapeseed production in 2026/27 could reach a record 100 mln tons, USDA forecasts in its report released on September 11, 2026. This is 4.4 mln tons higher than in the previous season.
Canada is expected to remain the largest producer with a crop of 22.5 mln tons. The EU is forecast to produce 20.1 mln tons of rapeseed, China 16.2 mln tons, and India 12.4 mln tons. Together, these four markets will account for more than 70% of global production.