ZMP Oilseeds News-Cockpit

ZMP Cockpit – News Summary

All eyes are on South America

The focus of the oilseed markets, especially the soybean markets, is on Argentina and Brazil. Soybeans were able to increase slightly on a weekly basis, soybean meal increased significantly. Only soybean oil shows only minor changes on a weekly basis. For the whole of January, soybeans gained 21.75 US cents/bu in the March contract on the CBoT. Overall, however, the market trend is volatile. At...
  • drought in Argentina
  • slow start to harvest in Brazil
  • opening up of the Chinese economy
  • Concerns about the economy recede into the background
  • Ukraine war
  • good rapeseed supply in Europe
  • good harvest in Australia

ZMP Market Analyses

  • soy price development

    Will soybean meal remain expensive? If you look at the soybean meal price trend in recent years, a multi-stage development can be seen:

    Until the middle of 2020 , the purchase prices for GM0 goods with 43/44% RP in northern Germany were around the 350 €/t mark. The Chicago Stock Exchange quoted around $300...
  • Jan-2023: USDA reassesses oilseed market.

    Oilseed market – cutbacks on the previous month 's estimate In its Jan. 2023 issue, the US Department of Agriculture (USDA) estimates the global oilseed harvest for 2022/23 to be somewhat lower than in the previous month. Compared to the previous year , however, earnings are...

  • USDA Confirms Big 2022-23 Canola Harvest

    Dec. 2022: USDA confirms high world rapeseed harvest 2022-23 After the previous weak years, the rapeseed harvests in important countries of the world have increased strongly with an increase of 10 million t or 14%. The decisive factors were the harvests in the two largest growing regions, the EU...

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