ZMP Cockpit – News Summary

Chicago: soya prices barely changed

Opposing impulses determine the sale of the soybean prices in the current trading week, so that the US quotations ended yesterday's trading day at the equivalent of 305 EUR / t only 1 EUR / t above the previous week's line. Bullish is the hope for progress in trade talks between China and the US. As part of the so-called Phase 1 trade agreement, the Chinese are currently trying to persuade...
  • Weak forecasts for Australian rapeseed harvest
  • EU import needs 2018/20 maybe not to cover
  • Relaxation in the trade dispute between China and the USA
  • Still big rape supply from the Ukraine
  • US soybean harvest is progressing rapidly
  • Soybean sowing in Brazil accelerates

ZMP Market Analyses

  • USDA: Lower global oilseed supply - price increase potential

    USDA estimates global oilseed production and consumption lower - inventories at a low level The US Department of Agriculture (USDA) has cut global oilseeds production to 571 million tonnes from its month before in its Nov. 19 issue . Compared to the previous year , a 4....

  • IGC cuts global oilseed supply - price increase potential available.

    IGC estimates global oilseed supply lower - prices of vegetable oils increase The International Grains Council (IGC) cuts global soybean harvest to 341 million tonnes. That is about 5% less than last year. The decisive factor is the US harvest , which is down 20% compared to...

  • Frost in the US soy belt - Soybean prices are rising

    Frost reduces already low US soybean harvest expectations In the US Department of Agriculture's (USDA) latest oilseeds report of Oct. 10, 2019, US soybean yields were reduced from 120 million tonnes a year earlier to 96.6 million tonnes this year. The decisive reason is the weather-related...

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