Oilseed News, 01/20/2023

Rapeseed remains true to its downward trend this week. The most traded May contract closed yesterday with a closing price of 540.25 euros/t. Since the beginning of the year, rapeseed has lost 47.75 euros per ton in value in the May period. Soybeans on the CBoT were also weaker this week but, unlike rapeseed and canola, have strengthened year-to-date. On the soybean market, the participants are...

Expert Opinion: 

For rapeseed, the good supply situation, the higher value of cultivation areas in Europe and the high import figures indicate that prices will remain under pressure. The weather in Brazil and Argentina is the hot topic on the soybean market. Forecasts for the weekend tended to put pressure on...