05.
07.23
11:42

Rapeseed loses 10.50 euros/t

After the rise of the past few days, without any positive indications from the soy complex, things went clearly south. The front month of August lost EUR 10.50 with a closing price of EUR 449.50/t. Prices on the cash markets are currently also volatile. With the last import statistics for the past financial year, EU imports reached a volume of 7.34 million tons. In the previous year, a total of 5.51 million tons were imported. The most important supplier was Australia with a volume of around 3.58 million tons, followed by the Ukraine with 2.96 million tons. 1.08 million tons of rapeseed were imported into Germany, with Belgium importing the highest quantity at 2.2 million tons. In addition to the 7.34 million tons of rapeseed imports, there are also 805,045 tons of rapeseed meal and 387,523 tons of rapeseed oil. Sunflowers were imported with a volume of 2.19 million tons (previous year 1.07 million tons). With the start of the stock market today, the price trends for rapeseed are also weaker again.

Source
VR AGRICULTURAL
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