The current USDA estimate leaves the closing stock at the oilseeds at record 103 million tonnes. And indeed by the above-average stock-to-use soya bean prices in the United States at below-average levels remain ratio of 24%. The rape can always still cleverly escape the trend of other oilseeds. Yet as the more moderate oilseed consumption growth in China risks, so that a part of hedging of the next canola harvest can certainly be taken into consideration.
In the last week of the report to the 10.03.2015 soybeans speculators have moves back from the net long in the net Short_bereich. A minus of 21.191 contracts leads to now 17.414 NET short positions.
