HANSA Terminhandel - Oilseed Mail

The fixed quotes on the futures market, which rose to 411.50 euros this week on the front month of February 21, also caused prices to rise on the cash market in Germany. Growers felt motivated to market aging residual quantities. But deals were also made ex harvest 2021. However, many farmers are still waiting and, given the steady trend on the raw material markets, are relying on prices to continue to rise. In regions where no old rapeseed was recently marketed, there is probably no longer any product. The national average of producer prices was recently at EUR 380 / ton. That is 10 euros more than in the previous week and 7 euros more than at the same time last year.
The prices for oilseed meal have also risen. Compound feed manufacturers are therefore acting cautiously. The rapeseed oil prices have also risen compared to the previous week. With a plus of 29 euros / ton, the prices rose by 3.7% to 809 euros / ton FOB Hamburg compared to the previous week.

Hansa Terminhandel GmbH
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