Third day of decline in rapeseed prices
Prices of rapeseed in the contract for delivery in August on the Paris Stock Exchange fell by 1.0 percent yesterday. and amounted to EUR 477.00/t (PLN 2,029/t) and were 7.6 percent higher than last year.
The cheapest Canadian canola
American soybeans fell by 1.7%. and cost USD 419.32/t. On a y/y basis, the price of soybeans decreased by 24.9%. Canadian canola prices decreased by 2.4%. and amounted to 588.7 CAD/t, and over the last year they decreased by 23.4%.
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Short rapeseed pods and small seeds. This is also specific to this season
Matif rapeseed, August contract – price decreased by 1.04%. (EUR 477.00/t – PLN 2,029/t).
The quotations of August rapeseed futures contracts expressed in PLN are presented in the chart below:
In the continuation chart below of rapeseed contracts listed on Matif, the long-term downtrend dominates, the medium-term is up and the short-term is up.
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Rapeseed in Integrated Production. Last call to report your crop
CBOT soybean, July contract – price decreased by 1.74%. ($419.33/t- PLN 1,649/t).
On the Chicago stock exchange, the soybean market is dominated by an upward trend – long-term, medium-term is upward, short-term is upward.
Canola WCE, July contract – price dropped by 2.39%. (CAD 588.70/t – PLN 1,698/t).
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Rain interrupts harvest in southwestern regions. Just in time
In Winnipeg, canola is dominated by a long-term downward trend, a medium-term upward trend and a short-term upward trend.
