In soy beans speculators in Chicago the net short positions declined in the last week of the report by 15.472 on now 32.033 NET short positions. Nevertheless, the rates moved down, what is more of a sign of further declining rates. Rape in Paris alone escaped the trend in other oilseeds.
With the rape, the focus is exclusively on the new crop. The soybean affecting the rape rate partly come under increasing pressure since the Brazilian harvest is largely completed with the adopted good numbers and the Argentine crop is considered to be higher than previously expected. Also the loading of these regions seems to stabilize. In contrast the European rapeseed harvest will be extremely close, because the areas decline certainly not can be absorbed by rising hectare. The which is the rape rate contrary to the trend in other oilseeds to good demand situation of domestic processors will remain so tight. Therefore a significantly higher degree of marketing as a 50% must be currently not necessarily aspired.
