11.
01.22
10:18

Rapeseed takes a breather

After the strong price gains, rapeseed on the Matif yesterday had to shift into reverse gear and recorded heavy losses. The canola courses in Winnipeg also headed south. At the CBoT, the soy complex took a breather at the start of the week. The front month closed with a loss of $ 26.75 US cents / bushel and costs the equivalent of 445.64 euros / ton. As with the corn market, the forecasts of the meteorologists created a bearish mood. With a view to the upcoming WASDE report, many market participants expect a slight downward correction in the production prospects. In Brazil, analysts are now reporting that earnings in the south have so far been disappointing. The long drought has had a negative impact on stocks.

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