Oilseed News, 02/03/2023

The focus of the oilseed markets, especially the soybean markets, is on Argentina and Brazil. Soybeans were able to increase slightly on a weekly basis, soybean meal increased significantly. Only soybean oil shows only minor changes on a weekly basis. For the whole of January, soybeans gained 21.75 US cents/bu in the March contract on the CBoT. Overall, however, the market trend is volatile....

Expert Opinion: 

The rapeseed market is and will remain well supplied. This is not likely to change for the time being, because the European acreage should continue to grow for the next harvest. Further price developments depend above all on developments in South America, both for rapeseed and for soybeans....