For another day, rapeseed in Paris was unaffected by the developments in oilseeds in the USA and Canada and in some cases rose sharply. The front month in particular led the way with a gain of EUR 38.25/ton to EUR 937.75/ton. The soy complex had mixed performances on Friday. The beans ended the session in the red. Meal contracts were able to turn the tide and increased moderately. In addition to the developments on the grain market, the growing conditions in South America remain in focus. A severe drought continues to prevail in many regions. The IGC expects global soybean production to fall by 349.8 million tons. That's a decrease of 1 percent from the previous estimate. The stocks are said to amount to 42 million tons (-3 million tons). In Brazil, soy exports to China have gained significant momentum. Around 3.51 million tons were loaded in January and February, which is more than 240% above the level of the previous year.
