ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Soy uptrend continues

At the Matif, prices rose a little more firmly towards the end of the week, but had to give way during yesterday's trading. Slight impulses were also noticeable on the cash market, so that prices of up to 400 euros / t were partially enforced. The canola futures in Winnipeg lost their profits yesterday. The canola harvest has now ended in large parts of Canada. The yields were good at around 27...
  • Export demand
  • Lack of rainfall in Brazil
  • Difficult sowing conditions with soy
  • Global economic situation
  • Improved weather outlook in the USA
  • Corona pandemic

ZMP Market Analyses

  • USDA estimates global oilseed supply lower

    USDA cuts oilseed production in 2020/21 compared to previous month - less soy and sunflowers In its October estimate, the US Department of Agriculture (USDA) forecast the global oilseed harvest in 2020/21 to be 0.5% lower. The final inventory drops from 107 to 101 million t. In...

  • Oilseeds in an upward wind

    Oil seed market: the prices are oriented upwards. The International Grain Council estimates the global soy harvest in 2020/21 to be 372.5 million t (previous year 338 million t), somewhat lower than in the previous month. The main cause is the reduced expectations in the USA with only...

  • USDA makes minor adjustments to oilseed supply

    Oilseeds: USDA corrects oilseed harvest 2020 - soy in the USA cut back The most recent September 2020 estimate by the US Department of Agriculture (USDA) showed a global oilseed harvest of 609 million t or approx. 5.7% higher than in the previous year, but slightly lower than...

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