Oilseed News, 04.11.2022

The past week was characterized by the news situation about agricultural exports from Ukraine, especially in the case of rapeseed. After Russia withdrew from the grain agreement last Saturday, rapeseed and other vegetable oils went up sharply. Moscow then backtracked on Wednesday after Ukraine pledged not to use the secure corridor for military purposes. This in turn led to declining prices....

Expert Opinion: 

The oilseed markets have lost none of their volatility. On a weekly basis, both soya and rapeseed have increased significantly. The general geoplotic situation is supportive, the better supply situation with rapeseed and the prospect of a record harvest in Brazil are depressing on the other hand...