12.
03.24
09:48

Price increases in the rapeseed trade

With a tailwind from the grain markets, rapeseed contracts made moderate profits in yesterday's trading. The May date increased by 7.50 euros/ton to 430.75 euros/ton. In Canada the scoreboards also lit up green. In particular, the report from the Canadian Statistics Office that the area under cultivation for oilseeds is continuing to shrink strengthened the bulls. Analysts expect this to amount to 21.39 million acres, which is below last year's acreage of 22.08 million acres. Market participants refuted the report by speculating that the current very good growing conditions could lead to more canola being grown. However, it remains to be seen what the area under cultivation will be until the harvest

Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich