Canola exports decline - Euronext rapeseed with losses

Canola contracts were unable to recover after the Canadian Grain Commission's announcement and slipped into the red. According to the experts, exports reached 7.49 million tons and were therefore around 1.6 million tons lower compared to the same period last year. However, domestic demand has increased. Around 4.96 million tonnes were sold here. Euronext rapeseed was unable to escape the pressure from the oilseed markets and ended the weekend with losses. The front month of February recorded a loss of 2.00 euros/ton and closed trading with a settlement price of 434.75 euros/ton.

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