ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Soy is going through price correction

On the Matif, the rapeseed futures managed to limit their losses. At the end of trading, the front month recorded a profit of 3.75 euros / ton to 488.25 euros / ton, marking a new eight-year high with this price level. The later dates closed trading in the red. According to the latest estimates by Oil World experts, the European rapeseed acreage is shrinking to 5.2 million hectares, confirming...
  • Global demand
  • Difficult harvesting conditions in South America
  • Less rape acreage
  • Weak export business
  • Rainfall in Brazil improves growing conditions
  • increasing soybean acreage

ZMP Market Analyses

  • IGC confirms unchanged soy supply

    IGC confirms unchanged soy supply - Brazil in the final stage of a high harvest In its February 2021 edition, the International Grain Council (IGC) leaves the global soy harvest in 2020/21 unchanged at around 360 million t. Global consumption is estimated at 365 million t. The declining...

  • USDA Oilseed Report dated Feb-2021

    Feb 2021 USDA: Global oilseed production unchanged - closing stocks falling. The US Department of Agriculture (USDA) is reducing global oilseed production to 595 million t in its latest February 2021 edition, which corresponds to the previous month 's estimate . Soy remains largely unchanged,...

  • USDA: Oilseeds supply scarcer - share prices rise

    Jan 2021 USDA: Global oilseed production estimated lower. In its latest January 2021 edition, the US Department of Agriculture (USDA) has reduced global oilseed production to 594 million t , around 1 million t less than estimated in the previous month. The major part of the reduction is due to soybeans, which...

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