Canola price history, 2002 to 2026

Rapeseed oil, crude, FOB Rotterdam averaged $1,474/t in August 2026, +22% over twelve months and +80% over ten years. The nominal all-time high was $2,266/t in April 2022; in 2024 dollars the real peak was $2,463/t in April 2022. Monthly averages, World Bank Pink Sheet.

Rapeseed oil, crude, FOB Rotterdam

Derived price statistics per series
Series	Latest	1 month	12 months	5 years	10 years	20 years	All-time high (nominal)	All-time high (real, 2024 US$)
Rapeseed oil, crude, FOB Rotterdam $/t, since 2002	1,474 August 2026	-1%	+22%	-3%	+80%	+82%	2,266 April 2022	2,463 April 2022

Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.

Source: World Bank Pink Sheet, 2026-09-02, fetched 6 September 2026 (CC BY 4.0).

Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how canola is priced.

Monthly canola prices by decade

Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.

Rapeseed oil, crude, FOB Rotterdam ($/t)

Rapeseed oil, crude, FOB Rotterdam monthly prices, 2000s, $/t
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2002		423	416	411	415	451	477	521	525	539	593	616	489.7
2003	624	586	552	557	607	612	583	553	564	616	620	649	593.6
2004	675	705	688	645	701	700	651	668	658	669	685	710	679.6
2005	684	647	664	652	653	642	645	654	688	734	727	712	675.2
2006	729	716	739	774	828	830	821	809	786	784	822	854	791
2007	823	790	772	808	845	868	926	958	1,045	1,147	1,252	1,337	964.3
2008	1,390	1,430	1,510	1,471	1,525	1,592	1,549	1,353	1,238	1,041	975	838	1,326
2009	832	802	777	830	947	917	852	884	855	894	934	938	871.8

Rapeseed oil, crude, FOB Rotterdam monthly prices, 2010s, $/t
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2010	914	901	910	909	862	876	947	1,013	1,033	1,150	1,242	1,383	1,012
2011	1,441	1,403	1,412	1,447	1,407	1,402	1,393	1,351	1,310	1,271	1,274	1,245	1,363
2012	1,253	1,288	1,289	1,304	1,235	1,183	1,215	1,231	1,269	1,214	1,185	1,188	1,238
2013	1,211	1,217	1,162	1,132	1,117	1,147	1,009	994	984	1,011	1,022	1,007	1,084
2014	948	972	1,010	1,011	955	948	892	852	836	859	841	815	911.6
2015	778	763	751	748	770	842	810	754	772	809	800	821	784.8
2016	781	780	766	809	806	793	768	818	850	914	918	930	827.8
2017	891	874	847	839	842	847	906	875	873	897	963	902	879.7
2018	848	827	800	793	811	838	849	854	821	850	840	827	829.8
2019	860	830	809	806	816	840	845	877	903	909	891	901	857.3

Rapeseed oil, crude, FOB Rotterdam monthly prices, 2020s, $/t
Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Average
2020	945	902	797	759	800	851	890	922	938	928	1,048	1,098	906.5
2021	1,141	1,272	1,322	1,312	1,531	1,528	1,410	1,519	1,629	1,795	1,825	1,743	1,502
2022	1,865	1,744	2,162	2,266	2,218	2,001	1,737	1,639	1,402	1,408	1,378	1,260	1,757
2023	1,224	1,189	1,054	1,026	967	991	1,108	1,067	1,047	1,060	1,039	1,010	1,065
2024	972	963	1,029	1,059	1,104	1,099	1,118	1,080	1,083	1,142	1,243	1,181	1,089
2025	1,149	1,159	1,193	1,256	1,241	1,252	1,202	1,213	1,268	1,264	1,259	1,258	1,226
2026	1,223	1,275	1,304	1,345	1,488	1,522	1,488	1,474					1,390

Method

Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.

Downloads

All series and statistics as JSON
Monthly prices as CSV (Rapeseed oil, crude, FOB Rotterdam)

Cite as: Commodity Origins, "Canola price history (2002–2026)", https://commodityorigins.com/prices/canola/, data 2026-09-02. Data updated 6 September 2026.