After the strong gains on the previous day, rapeseed prices continued to rise shortly before the weekend. The February date recorded an increase from EUR 7.50/ton to EUR 760.75/ton. The Bulls also took the lead in Winnipeg. Canadian oilseed was supported above all by the requirements of the soy complex and the general increase in vegetable oil prices. Dark green signs dominated yesterday's soy trading. The front month recorded the daily high of 34.5 $US cents/bushel and thus costs the equivalent of 462.43 euros/ton. Despite the rain, many analysts expect earnings to fall if the weather, especially in Brazil, does not improve soon, giving the bulls the fodder for the sharp rise. Market participants estimate the range for US exports to be between 0.6 and 1.2 million tons.
