ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Oil price war shapes oilseed markets

"Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 million barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry! .... Could be as high as 15 million barrels. Good (GREAT) news for everyone! "
With this tweet,...
  • Rapeseed area 2020/21
  • hardly any old goods available
  • Soybean acreage US rises
  • Record harvest in Brazil
  • Corona pandemic
  • Oil price war between Russia and Saudi Arabia

ZMP Market Analyses

  • 2020/21: Less rapeseed expected in Canada

    Canada's rapeseed supply is becoming scarcer - higher rapeseed prices are expected. Canada is one of the largest rapeseed producers in the world before the EU-28. In contrast to the EU, the North American country is also the world's largest exporter of these oil seeds. Canada...

  • IGC predicts a slightly improved supply situation in the soy market.

    IGC predicts higher soybean harvest 2020/21 and slightly improved supply situation The International Grains Council (IGC) estimates the soybean harvest of the 2020/21 marketing year to be 7.4% higher than in the weak previous year. The production level is again in the multi-...

  • COCERAL downgrades EU rapeseed estimate

    COCERAL estimates that the EU rapeseed harvest is lower on the second try The European umbrella organization of grain and oilseed traders (COCERAL) in its March issue has slightly revised its original estimate of the EU rapeseed harvest downwards to just 17.03 million t . Reduced acreage is not offset by the somewhat higher...

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