28.
11.22
14:54

US soybean shipments have picked up speed

After the mid-week losses, rapeseed prices continued to recover on Friday and posted gains. The earlier dates increased uniformly by 3.50 euros/ton. Contrary to the development on the Matif, the Canola courses were weaker before the weekend. Above all, the weakening soybean oil prices dampened the buying mood on the Winnipeg stock exchange. Palm oil prices, on the other hand, were able to continue to rise and thus continued their rise after the brief interruption in the past week. The Syacomplex just barely made it into the green after a volatile trading session. After the futures were able to record good gains at the start of trading, the bears prevailed during the course of the day and pulled the contracts south again. Export sales have lost significant momentum recently, hitting their lowest level in over two months at 690,000 tonnes last week. The loaded quantities, on the other hand, reached a volume of 2.432 million tons and were significantly higher than in the previous week. Compared to the previous year, however, they are still lagging behind (-20%).

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