Market participants in the oilseed sector are focusing on field work in Brazil and Argentina. In particular, the current fluctuating cultivation conditions due to the weather could still provide impetus here. Due to a public holiday, NOPA will only publish its market statistics today. A January volume of 204.54 million tons is expected, an increase of 10.1% compared to the previous year. Soybean oil stocks are estimated at 1.289 billion pounds. May rapeseed on the Paris Euronext was able to hold its ground and make further gains. The back dates also ended trading with moderate gains.
Source
VR AGRAR
