The front month for rapeseed in Paris ended the start of the week with a new all-time high. The May date listed a closing price of 845 euros/ton with a plus of 24.25 euros/ton. Likewise, yesterday in Paris, Canola futures rebounded after futures declined ahead of the weekend. Soybean Complex closed trading on mixed signs. After the highs, many investors took the opportunity to secure their profits. In addition, many market participants are looking forward to the upcoming WASDE report. Production cuts are expected in Brazil and Argentina. The analysts from AgRural also expect a significantly poorer harvest for Brazil of 122.8 million tons. The USDA still forecast a production of 131.8 million tons in February-WASDE. Meanwhile, US soybean exports totaled 766,250 tons, up again from the previous week.
