Shortly before the middle of the week, the signs on the rapeseed market turned again, so that the futures ended trading with profits. In Winnipeg, on the other hand, canola prices found no unified direction. The front dates had to give way slightly, while the back periods went back into the green. In soybeans on the CBoT, the bulls took the lead yesterday. The red signs prevailed in the case of the scrap contracts. For the coming season, a further expansion of the acreage for oilseeds of up to 5.9% is expected in the USA. This would mean that more soybeans would be planted than corn for another year. Meanwhile, the soybean harvest in Brazil is progressing. According to AgRural, 5% of the stock has been harvested. The experts continue to expect a production volume of 133.4 million tons. After the heavy rains in Argentina, the cultivation conditions were able to recover slightly, but according to experts, it would have to continue to rain in the coming week in order to prevent long-term damage.
