ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

Rapeseed decouples itself from soy

While soy had to give up quite a bit of springiness, rapeseed kept climbing higher and higher. Much of the European harvest is either marketed or producers store it. Only a few farmers are ready to sell. The hope of even higher prices is making people less willing to sell. In addition, there is support from the vegetable oil markets. Soybean oil increased, as did palm oil. Canola in Winnipeg is...
  • High harvest marketing in Germany
  • regionally small amounts of rapeseed meal available
  • rising raw material prices
  • Seasonality
  • Soy export demand questionable
  • good soy yields in the US
  • higher freight costs due to increased oil prices and charter rates

ZMP Market Analyses

  • USDA estimates high soybean harvest - rapeseed remains scarce

    Oil seed market: Improved situation in the oil seed market, but rapeseed remains scarce and expensive The US Department of Agriculture (USDA) revised global oil seed production slightly downwards in its latest October estimate. Compared to the previous year, generation is even 4.3% higher....

  • USDA: Stable oilseed market - rapeseed remains scarce

    Oilseeds market: Improved situation in the oilseed market, but rapeseed remains scarce and expensive The US Department of Agriculture (USDA) has increased global oilseed production slightly compared to the previous month in its latest September estimate. Compared to the previous year, however,...

  • Canada has a catastrophic rapeseed harvest

    StatsCan: Canada's 2021 rapeseed harvest will fall 25% year-on-year. The latest Canadian rapeseed harvest estimate is 14.7 million t or around 25% worse than in the already weak previous year. In the previous month's forecast, 16 million t were assumed. For comparison: in the peak year 2017/18, around 22...

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