ZMP Cockpit – News Summary
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