ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

USDA raises soy prices

The trading week for rapeseed futures started on Matif with a green sign. First crop assessments from Saxony-Anhalt disappointed the growers. Emergency maturity has already started in many places. After prices went down again somewhat in the middle of the week, the prices started again on the last trading day with slight gains. Overall, the rapeseed market in Germany is rather cautious. Different...
  • EU rapeseed harvest
  • Rape import needs
  • Stock quality problems
  • China export demand
  • Weather forecast Great Plains
  • Uncertainties in the crude oil market
  • global economic outlook
  • Dollar is getting a little stronger

ZMP Market Analyses

  • USDA confirms previous global oilseed supply

    USDA estimates higher oilseed production in 2020/21 and even higher consumption - prices inconsistent In its June estimate, the US Department of Agriculture (USDA) increased the oilseed harvest 2020/21 by 5.3% year on year to approx. 606 million t forecast. However, the final inventory...

  • Coceral estimates the EU-28 rapeseed harvest at 16.5 million tons

    COCERAL corrects the EU-28 rapeseed harvest downwards to 16.5 million t. In its June edition, the umbrella organization of European grain and oilseed traders (COCERAL) estimates the EU-28 rapeseed harvest by around 2.56% lower to 16.5 million t - compared to the previous year. The 2.63%...

  • IGC: good average supply situation for soybeans - prices low

    IGC corrects the 2020/21 soybean downwards - good supply situation - low prices The International Grains Council (IGC) estimates the soybean harvest of the 2020/21 marketing year to be only 3.7% higher than in the weak previous year. This means that the production level is back...

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