ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Price correction for rapeseed

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

ZMP Market Analyses

  • USDA estimates oilseed production in 2021/22 almost unchanged from the previous month

    USDA estimates higher oilseed production in 2021/22 and even higher consumption In its July estimate, the US Department of Agriculture (USDA) has increased the oilseed harvest in 2021/22 by 5.4% to around 635 million t (previous year 600.5 million t) ) forecast. Consumption is expected to increase to a similar...

  • DRV estimates the rapeseed harvest at 3.67 million t

    DRV estimates the rapeseed harvest in 2021 at 3.67 million t - harvest quantities significantly below previous figures   In its 4th edition, the German Raiffeisen Association (DRV) estimates the German rapeseed harvest to be 3.67 million t, somewhat higher than in the previous month. The...

  • USDA estimates little change in oilseed supply in 2021/22

    USDA estimates higher oilseed production in 2021/22 and even higher consumption In its June estimate, the US Department of Agriculture (USDA) has increased the oilseed harvest in 2021/22 by 5.4% to around 633 million t (previous year 600.5 million t ) forecast. Consumption should increase to a lesser extent....

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