Oilseed cockpit, March 20, 2020

The rap prices on the Matif, but also on the ICE in Winnipeg, continue to be very volatile. After sharp exchange rate losses in the past week, prices rose again on Thursday and closed EUR 5.75 / t firmer in the front month. Oilseed rape and oilseeds overall are currently heavily influenced by oil prices. A message from Malaysia promptly gave further impetus. The government had announced that...

Expert Opinion: 

It is still difficult to assess whether the oilseed bottom has passed. After all, fundamental data seem to be gaining in importance again. However, the dependency on the crude oil market will remain.