499.14975 -4.54575 -0.9%
Official Close 3/17/2023 MI Indication


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Unit conversion for Rapeseed Price Today

Conversion Rapeseed Price Price
1 Ton = 1,000 Kilograms Rapeseed Price Per 1 Kilogram 0.47 USD

Agriculture

Name Price % Unit Date
Cotton 0.79 1.92 USD per lb. 3/19/23 09:47 PM
Oats 3.48 0.43 USD per Bushel 3/17/23 02:20 PM
Lumber 452.40 3.15 USD per 1.000 board feet 3/17/23 04:05 PM
Coffee 1.82 2.68 USD per lb. 3/17/23 11:23 AM
Cocoa 2,103.00 -2.05 GBP per Ton 3/17/23 12:55 PM
Live Cattle 1.62 0.05 USD per lb. 3/17/23 02:05 PM
Lean Hog 0.80 0.57 USD per lb. 3/17/23 02:05 PM
Corn 6.31 -0.55 USD per Bushel 3/19/23 09:48 PM
Feeder Cattle 1.89 -0.41 USD per lb. 3/17/23 02:05 PM
Milk 18.06 0.17 USD per cwt.sh. 3/17/23 02:15 PM
Orange Juice 2.43 0.39 USD per lb. 3/17/23 02:00 PM
Palm Oil 4,069.00 -0.37 MYR per Ton 3/17/23 06:00 AM
Rapeseed 467.50 -1.06 EUR per Ton 3/17/23 01:30 PM
Rice 17.12 -0.29 USD per cwt. 3/19/23 09:44 PM
Soybean Meal 466.50 0.24 USD per Ton 3/19/23 09:48 PM
Soybeans 14.73 -0.20 USD per Bushel 3/19/23 09:48 PM
Soybean Oil 0.57 -0.30 USD per lb. 3/19/23 09:48 PM
Wheat 266.25 -1.21 EUR per Ton 3/17/23 01:30 PM
Sugar 0.21 -0.34 USD per lb. 3/17/23 01:00 PM

Oil seed rape

Rapeseed, also known as oilseed rape belong to the brassica family. A relative of mustard, kale, and cabbage, the rape plant is distinguishable by its yellow flowers. There is a common misconception that rapeseed and canola are the same. They may look the same but by looking at their chemical profiles, they become distinguishable. Industrial rapeseed contains at least 45 percent of erucic acid while canola has less than 2 percent erucic acid. (read more)

Rapeseed is commonly grown in the Pacific Northwest where the pH is between 5.5 and 8.3. At harvesting, the seeds are pressed to release cooking oil but the oil can also be used in lubricants and biofuels. The plant becomes animal feed for livestock after harvesting. Winter rape is sown in August and flowers in April and May. Every year, several million hectares of oil seed rape are planted primarily in Europe, China, India and North America. Around 1,500 liters of rapeseed oil can be produced from one hectare of oilseed rape.