While the front month had to remain in the loss zone for rapeseed prices, the back dates were able to recover slightly. On the other side of the Pacific, soybeans recorded significant price gains. The junk contracts, on the other hand, closed trading at losses. New export reports supported the buying mood for oilseed. The USDA reported a new sale of 380,000 tons with an unknown destination. In addition, concerns about the drought are increasing again, especially in Argentina. No precipitation is expected for the coming days. The analysts surveyed expect the US export figures to range from 600,000 tons to 1.2 million tons. Bookings for the new crop are expected to range from 250,000 to 550,000 tons.
