Correction for rapeseed and canola

In the expiring November contract, rapeseed fell slightly yesterday. However, the subsequent contracts were able to increase. The now most traded February contract closed with a daily profit of 3.50 euros/t at 447.75 euros/t. Overall, rapeseed prices continued their recent correction after a week with red signs. Canola also made gains again in Canada. Here, market participants are primarily talking about a strong downward movement in the last few weeks. The decreasing harvest pressure is strengthening the price development. At the end of yesterday's trading session there was an increase of 5.60 Can dollars in the January contract and a closing price of 718.70 Can dollars/t (496.91 euros/t) on the ICE display board in Winnipeg.

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