How US-Iran Tensions Could Drive Up Global Rapeseed Prices.

Ukrainian Rapeseed Export Forecast for February 2026

According to Novyny.live: Prices for Ukrainian rapeseed exports are projected to rise in February 2026, driven by climbing oil prices linked to a potential escalation of conflict between the United States and Iran. This situation is pushing up international rapeseed prices, which currently stand at $550 per ton, equivalent to 21,412 Ukrainian hryvnias per ton for delivery to port. Rapeseed, also known as canola, is a major oilseed crop used for cooking oil and biodiesel.

On the domestic market, rapeseed prices are fluctuating between 24,000 and 24,700 hryvnias per ton. In related agricultural markets, the price of feed corn has increased by $6, reaching $212 (over 9,000 hryvnias) per ton. The price for barley at Ukrainian ports ranges from 10,800 to 11,000 hryvnias, which exceeds $200 per ton.

Impact of Rising Prices on the Agricultural Sector

The overall increase in prices for Ukrainian agricultural crops like rapeseed, corn, and barley continues to draw attention from farmers and analysts, given the trends on global markets.

This price surge could significantly impact the country's agricultural sector. Amid global economic shifts and potential political conflicts, Ukrainian farmers may find new export opportunities but also face challenges related to rising production costs. The situation on world markets and future changes in pricing policy could affect the stability and development of Ukraine's agricultural economy in the coming years.