Ölsaaten Cockpit, 04.02.2017

Oilseed prices back on stand Dec. 16 - rise of the euro reduces import prices Despite of market-based relationships between the individual divisions of the oilseed prices not always uniform run. Just powered rape and palm oil market has caused a steady increase of in canola prices in the last two months. Support came initially from the falling euro exchange rate and the increased price of crude oil. From mid Jan 2017 soybean prices settled in addition significantly upward. The flooding caused possible crop failures in Argentina were major trigger. The assessment of future supply situation in the entire oilseed sector has again turned to. It remains despite high expectations of Canadian harvest in the world's scarce supply of rape 2017, because counting in the EU with significantly reduced acreage must be. The palm oil production will recover much more after the seasonal low point in the spring than in the previous year. The plantations will return after the El Niño drought back to full power. The prospects in the soybean sector have significantly improved. The possible Argentine crop failures are less highly traded on the grounds that experience has shown that compensation is achieved by the higher rainfall harvesting in the non - flooding areas. Recent estimates at 55 million tonnes The Brazilian soybean harvest is estimated again higher in recent times from various sites. Lowest yield are at 103 million tonnes and the highest estimates reach 107 million tonnes. Not to neglect the so-called "small" soybean producers such as Uruguay and Paraquay, whose harvest volumes are classified up to 12.5 million tonnes are. In the further perspective of the year 2017, it is assumed that due to the favourable price relationships between soy and corn soya cultivation in the USA priority enjoys. With an average yield per hectare, a record U.S. soybean crop could grow again in the autumn of 2017. Insecurities come from the political scene with the unknown consequences of a new a stalked US trade policy. Americans to more than 50% are dependent on exporting third country with a focus on China and Mexico in terms of soy. These two States are the main addressees of the Trump'schen trade restrictions. The prospects are considerably higher oilseed prices from today's level of knowledge to justify.