Rapeseed on MATIF the most expensive in 2 months
The new week of rapeseed quotations on the Paris stock exchange started very well. After a big increase, the price reached the highest value in two months. At this point, we can assume that the short-term trend is upwards. The situation is similar for American soybeans (the highest price in almost two months).
Rapeseed price above PLN 2,000 per ton
Rapeseed prices in the contract for November delivery on the Paris stock exchange rose by 2.7% and amounted to EUR 475.25/t (PLN 2,033/t) and were 8.0% higher than a year ago.
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China's soybean imports from the US jump 70 percent in August
American soybeans rose 2.7% to $381.85/t. Year-on-year, soybeans fell 19.8%. Canadian canola fell 0.3% to $587.30/t, down 18.7% over the past year.
MATIF rapeseed, November contract – price increased by 2.70% (EUR 475.25/t – PLN 2,033/t).
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Quinoa patch in rapeseed. What to use to treat it?
The November rapeseed futures contracts quoted in Polish zloty are presented in the chart below:
The following continuation chart of rapeseed futures listed on Matif shows a long-term downtrend, a medium-term uptrend and a short-term uptrend.
CBOT soybeans, November contract – price increased by 2.69 percent (381.85 USD/t – 1,473 PLN/t).
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Siekierski: we are in favor of extending higher tariffs on food imports from Russia
On the Chicago Stock Exchange, a downward trend dominates for soybeans – the long-term, medium-term is downward, and the short-term is upward.
Canola WCE, November contract – price fell by 0.27 percent (587.30 CAD/t – 1,669 PLN/t).
In Winnipeg, canola is in a long-term downtrend, a medium-term downtrend, and a short-term downtrend.
