Euronext rapeseed was in firm shape going into the weekend, gaining modestly. August recorded the highest daily gain of EUR 9.00/ton to EUR 766.75/ton. On the other hand, the canola contracts failed to break away from the bearish sentiment and ended trading in the red. The soy complex on the CBoT has come under pressure ahead of the weekend. Many investors took the opportunity to secure their profits before the shortened trading week. Additional sales impulses came from the weak oil prices. In Argentina, the soybean harvest is 99% complete. A production of 43.3 million tons is expected. China imported less soybeans from Brazil last month and instead relied more on the cheaper US beans. A total of 7.79 million tons were imported from Brazil and around 1.73 million tons from the USA.
