13.
04.22
10:00

Rapeseed is approaching the 1,000 mark again

Rapeseed is once again approaching the 1,000 mark and recorded strong price gains again yesterday. In Winnipeg, canola futures failed to join the bullish sentiment consistently. The front dates in particular slipped into the red. The bulls took the lead in the soybean complex yesterday, buoyed by the ongoing geopolitical strife in Ukraine as well as the rally in crude oil. The current strike in Argentina is also causing delays in trading transactions with oilseeds. Analysts reckon current shipments are at just 20%.

Source
VR Agrarberatung
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