Oilseed News, April 1st, 2021

The dealers were eagerly awaiting yesterday's quarterly report on cultivation areas and inventory developments. Analysts had committed themselves in advance to a significantly increasing soybean acreage and estimated stocks to be lower than at the same time last year. Both have occurred, but the USDA only increased the soybean acre to 87.6 million acres, replacing the expected 90.1 million...

Expert Opinion: 

The market expectation in terms of stocks and space was well undercut. Together with the harvest situation in Brazil and the still small European rapeseed harvest forecast, the signs point to firmer prices. Producers should be pleased, while feed mixers and feed buyers, like oil mills, will have...