04.
12.23
09:54

Weak canola exports in Canada

After an overall firmer week, rapeseed prices on Euronext/Matif went south on Friday on the last trading day of the past week. The February contract closed with a setback of EUR 9.50 at EUR 441.25/t. The subsequent contracts fell to a slightly smaller extent. In particular, the correcting soybean prices in Chicago and heavy losses in canola sent rapeseed prices out of the trading day with a red sign. At the weekend, the EU Commission increased its production forecast for the completed harvest by 100,000 tons to 19.9 million tons. Prices for rapeseed have recently risen slightly on the cash markets. This is also justified by declining imports from Ukraine. Canada exported 87,000 tonnes of canola last week, which was the weakest weekly value of the current season. Even from the perspective of the entire season so far, the export figures are significantly behind those of the previous year. The minus is 23.3 percent. New figures on stocks and harvests in Canada are expected today from the Canadian statistics agency.

Source
VR AGRICULTURE
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich