In soy beans speculators in Chicago, the net short positions increased slightly to 18.516 contracts, prices recovered to some. The latest USDA estimate documented the continued good supply situation at the oilseeds. Of stock to use lies with 21.3% significantly above the average for the last five years (18.9%). Still, The fundamental data are still unsure and also an EL Nino threatens. For the European producers of canola it looks currently well, because there is a clear lack of rape in our support area. This canola prices may trend oilseeds largely escape the soy beans in particular. But caution is advised: the new rapeseed is currently into the soil and growing incentives have been / are high. With high probability, significantly more European rapeseed on the market will arrive during the next harvest. Quite a few farmers think it already for sale 1 ton / ha, the producer prices clearly above 300 Euro / t.
