Rapeseed prices are on the spot

In rapeseed trading, there was no clear direction on the stock exchange or on the cash markets yesterday. The front month on the Euronext/Matif lost EUR 1.50 to EUR 448.00. The November follow-up contract, which is now the most traded contract on the stock exchange, increased by EUR 0.50 to EUR 4565.25/t. In its harvest estimate, the German Farmers' Association (DBV) put the winter rapeseed area at 1.16 million hectares, which is 80,000 hectares higher than in the previous year. While there was no clear direction yesterday on the European stock exchange and on the cash markets in Germany, Canola rose significantly in Winnipeg. The most traded November date rose by 23.70 Can-$/t to 763.10 Can-$/t (528.14 euros/t). The bullish signals for soybean oil in particular had an additional effect here.

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