11.
08.22
10:03

Rapeseed slips into the loss zone

The bulls were no longer able to assert themselves for the rapeseed and gave up the lead over the course of the day. The November date recorded a loss of EUR 1.25/ton to EUR 659/ton. In Winnipeg, on the other hand, the signs were green, so that the front month ended trading with a settlement of 856 Canadian dollars per ton. The soybean complex slipped into the red after volatile trading. The prices were supported by the increasing export business. Dealers report some inquiries. In addition, the USDA confirmed a sale of 190,000 tons to China. Profit-taking and technical selling put futures under pressure just before the close. A downward correction in production is expected for the WASDE report.

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