HANSA Derivatives Trading - Oilseed Mail

Meanwhile, it is becoming increasingly clear that the European rapeseed crop is small due to the adverse weather conditions during the growing season. The decisive factors are Bulgaria, Denmark, Finland, France, Hungary, Lithuania, Poland, Sweden, Romania and Germany.
It took a long time for the Futures Exchange Matif to respond. For two months, prices floated around the € 360 / t mark. On Wednesday there was then a significant increase in price. Nevertheless, there is virtually no offer from agriculture or the receiving hand, as the grain harvest has priority.
The soybean market on the CBoT has also been on the move since yesterday, as Jean-Cleuade Juncker has pledged to the US President Donald Trump for the EU that Europe wants to lose more US soybeans in order to reduce its trade surplus. This has led to strong price increases for the CBoT beans.
This also affects the soybean meal future. Soybean meal was eight euros / ton cheaper last week, which is probably over after the rise of the soybean complex again.

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