Oilseed News, 03/17/2023

For ten trading days in a row, rapeseed has been going downhill. Yesterday, the Paris Stock Exchange posted another loss of 9.25 euros/t for the May contract. Trading for the front month ended yesterday with a closing price of 472.25 euros/t. The May contract on the Euronext/Matif has lost 56 euros since the beginning of the month. Accordingly, the spot market prices are also significantly...

Expert Opinion: 

The downward trend in rapeseed is unbroken, even if the prices start the trading day on Friday with a slight green sign. The good supply situation in Europe, the good harvest in Australia and the extension of the grain corridor are depressing the mood. The increased acreage in Germany and France...