ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Rapeseed oil gives way - discussion about admixture quotas

In the course of the trading week, the front month of rapeseed on the Euronext/Matif has hardly changed, although volatility is very high. On yesterday's Ascension Day, contract prices shot up by more than 30 euros per ton in the front month. With the start of trading on Friday, the signs are light green. The prices for rapeseed oil have recently declined. After the massive purchases by consumers...
  • Rapeseed needs of the EU
  • Ukraine war
  • Weather conditions Canada
  • Weather Conditions Soybean Sowing USA
  • economic concerns
  • Chinese Corona Policy
  • possible low admixture of biofuels in Germany
  • Declining animal populations in Europe

ZMP Market Analyses

  • USDA estimates oilseed supply higher in 2022-23

    USDA estimates oilseed supply higher in 2022/23. In its May 22 estimate, the US Department of Agriculture (USDA) significantly increased the new oilseed crop 2022/23 to around 647 million t (previous year 597 million t). Consumption is also estimated to be higher at 631 million t (previous year 609 million t)....

  • EU-COM takes a somewhat more relaxed view of the EU rapeseed balance for 2022/23

    EU-KOM still estimates the EU rapeseed supply in 2022/23 to be tight   At the end of April 2022, the EU Commission (EU-KOM) estimated the coming rapeseed harvest in 2022 to be +7.6% higher than in the previous year at 18.3 million tonnes . The rapeseed area was increased by 6.9...

  • IGC estimates higher global soy crop 2022/23.

    IGC estimates 2022/23 soybean harvest 9.7% higher In its April 2022 issue, the International Grains Council (IGC) estimated the global 2022/23 soybean harvest to be +9.7 % to around 383 million tonnes compared to the previous year . Global consumption is also estimated to be higher at ...

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