Yesterday's trading day ended unevenly for rapeseed in Paris. While the front month recorded a profit of 2.75 euros/ton to 688.25 euros/ton, the later dates went into the red. Bears took the lead on the Winnipeg Stock Exchange, causing modest losses. Technical selling, profit-taking and especially the falling oil prices led to a significant price correction for soy on Tuesday. According to NOPA, soybean processing in January totaled 4.95 million tons, below most analysts' expectations. The weather remains the supporting factor. In Argentina in particular, it could stay dry again in the coming days. The local producers emphasized that it is also questionable whether the recent rainfall in Brazil will improve the growing conditions in the long term.
