In the last week of the report to the 08.09.2016 the net long positions in the soybean speculators in Chicago have increased slightly to 6.657 contracts on 112.995 net long accordingly. The corresponding rates could recover again.
Even when the oil seeds the estimated final inventories compared to the previous month increased again to 80 million tonnes (of which 89% soy beans). The U.S. soybean growing a bumper crop contrary are Hau pure thing. The estimated world production of canola is at 68 million tonnes (oilseeds 543 Mio.t).
