ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Soybean harvest prospects are putting pressure on prices

The rapeseed courses could go into the weekend with a green sign in the last week. These continued to prevail in the first two trading days. The smaller EU harvests provide support. In the middle of the week, however, the futures could no longer hold their profits and recorded slight losses. However, uncertainty about the supply of rapeseed in Germany and the rest of the EU is currently...
  • Below average EU rapeseed harvest
  • Increasing import demand for rapeseed
  • Growing exports of soy
  • EU rapeseed harvest below average
  • Increasing import demand
  • Good growing conditions for soy

ZMP Market Analyses

  • IGC appreciates good soy supply

    IGC estimates higher soybean production - good prospects in the USA - record harvest in Brazil In July, the International Grains Council (IGC) increases its previous month's soybean estimate to 365 million tonnes. The global soybean harvest is around 27 million . t above the previous year's...

  • DRV lowers rapeseed harvest - limited price increase potential

    July 2020: DRV corrects rape harvest estimate 2020 to only 3.21 million t   In its latest July estimate, the German Raiffeisenverband (DRV) has cut the German rapeseed...

  • USDA corrects oilseed estimate (July 2020)

    USDA downgrades higher oilseed production in 2020/21 from the previous month In its July estimate, the US Department of Agriculture (USDA) increased the oilseed harvest 2020/21 by 4.7% year-on-year to approx. 604 million t forecast. However, a slight decrease is predicted compared to the...

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