Ölsaaten Cockpit, 02.12.2016

Rising crude oil and high prices of palm oil - the inflationary forces in the oilseed market Has an Official OPEC decision to cut oil embargo the crude oil prices within a very short span on the order of $53 per barrel driven high. We have only ever seen this a short time ago. The exciting question is hot again, the official decisions are as consistently implemented. Already on soaring palm oil prices have experienced full support. The level shall determine line despite temporary weakness tendencies above the 3,000. The aftermath of the EL Nino weather remain obvious. Exports remain at a high level. A normal seasonal inventory build-up can be seen only in small approaches. It remains for the time being a scarce availability of palm oil. Crude oil and palm oil prices together are currently setting the tone for the oilseeds with a focus on the oil based value species. The courses in the soy complex had already risen by increasing by mixture on parts of the U.S. biofuels much. While soybean oil directly from the oil competition is affected, soybean meal needs you can measure on the falling prices in the cereals sector. Soybean meal has eased slightly. The course developments are not always uniform. , However, got the rare courses in Paris right rise. Prices on the stock exchange more than the 410 €/ t brand. In Winnipeg, it remains something legal. A decline was again settled there. In light of this year's the question U.S. record crop in soy and high expectations for the future soybean crops in the coming year, whether and to what extent the level of course to look at is already as an orientation mark for an extended period of time. However, a number of factors such as weather, exchange rates and political events play a role should not be underestimated.