The new trading week for rapeseed in Paris started with heavy losses and deep red signs. The front dates in particular had to cope with a significant price correction with double-digit losses. Canola futures also headed south in Winnipeg. In particular, declining vegetable oil prices put prices under pressure. The soybean complex was mixed yesterday. Beans ended the day in losses while meal contracts remained in the green. In particular, the improved growth conditions due to the fall in precipitation noticeably dampened the mood to buy. Nevertheless, market participants emphasize that it is still too dry in many parts of South America and that the weather forecasts will remain in focus. The USDA yesterday confirmed 132,000 tons of new soybean sales to China. Overall, exports totaled 1.3 million tons and are thus below the result of the previous year of 2.1 million tons.
