Euronext rapeseed gives way

In Paris, the rapeseed prices could not remain in the profit zone and fell uniformly. The bears also took the lead in the Winnipeg Stock Exchange yesterday, causing Canola futures to endure modest losses. Under the pressure of falling oil prices, the soybean complex also went south. From the latest NOPA report, soybean processing totaled 165.05 million bushels, in line with analysts' expectations. This is the second highest value measured since recording began. A brisk soybean harvest is reported in Brazil. To date, almost 64% of the stocks have been harvested. Safras and Mercado experts meanwhile lowered their forecast for soybean exports to 78 million tons (-2.5 million tons).