Oilseed news, 05.06.2020

After Strategy Grain's downward revision of the EU crop estimate, rapeseed prices are stable. The front month of Euronext / Maitf started the trading day today with a premium of EUR 1 per ton. However, the dealers will focus on the delivery dates November 2020 and February 2021 until noon. The demand for biofuels is picking up again significantly. Rapeseed is traded on the spot markets only...

Expert Opinion: 

The prospects for the EU rapeseed harvest remain unchanged. The price development is slowed down by the current exchange rate Eur / Dollar, as well as by the weak demand for rapeseed meal and the low turnover on the cash market. However, the good development on the soy market could provide...