ZMP Cockpit – News Summary
The rapeseed harvest is gradually starting in Germany. Rising harvest pressure has caused price corrections on both the cash markets and the commodity futures exchange this week. A rapeseed harvest of 16.7 million tons is expected in the EU. This corresponds to an increase of 0.6 million tons compared to the previous year. During yesterday's trading in Paris, the contracts recovered and ended up...
- High global demand / consumption
- Uncertain weather forecasts
- EU import requirements
- Crop pressure
- Weak exports
- Profit taking / technical sales