01.
02.22
10:20

Soy complex develops inconsistently

On the Matif/Euronext, rape prices ended trading with mixed signs. The late dates in particular closed the day with marginal losses. On the ICE in Winnipeg, canola futures also found no consistent direction. The courses were supported by the bullish indications of the soybeans. While soybeans posted strong gains on the CBoT, soybean oil contracts turned red. Concerns about the development of inventories in Brazil are creating a buying mood. AgRural experts reckon that harvest forecasts could be below 130 million tons.

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