The price varies greatly. However, when compared to yesterday's price on August 6, we can see increases of up to PLN 10 per tonne. Although it also lowered the price of several of the surveyed points.
– Canadian and EU rapeseed contracts have been systematically losing value since the fourth week of July. As a result, the valuation of the November series dropped in Paris to the lowest level since March this year, and the same date on the Winnipeg Stock Exchange is the cheapest in the history of this series. In Paris, Tuesday's session closed with a price of EUR 449.75/t – delivery date in November. For two weeks, rapeseed has been suffering due to cheaper oil, and at the end of last week and at the beginning of this week, the declines (of many raw materials) accelerated even more due to concerns about the state of the American economy after data showing an increase in unemployment in the USA. This factor also increased expectations of a reduction in interest rates by the Fed, which began to weaken the dollar against the euro. Estimates of poor rapeseed (also corn and wheat) harvests in Europe are currently losing to forecasts of excellent harvests of all three main crops in the US this year. In Chicago, soybeans, corn and wheat have been oscillating around 4-year lows in recent days, said Andrzej Bąk from eWGT, assessing Tuesday's session on commodity exchanges.
The prices collected by the National Association of Producers of Rapeseed and Protein Crops are basically for standard technological rapeseed – moisture 9%, contamination 2%, oil content 40%. Surcharge/deduction for humidity and contamination; only deduction for oil content below 40%; *- German conditions.
read more
Prices are falling on the stock exchanges. What's in our stores?
Daily purchase prices of rapeseed in processing plants (August 7, 2024 in PLN/t net)
- ADM Czernin – 1910 (1855*),
- ADM Szamotuły – 1920 (1865*),
- Agrolok Osiek (Ujście) – 1880 (1890),
- Bielmar – 1920,
- Bunge (Kruszwica, Brzeg) – 1890 (1855*),
- Wilmar Group – 1930,
- Komagra (Kosów Lacki) – 1855,
- Komagra (own warehouses) – 1920,
- Komagra (Tychy) – 1920,
- Mosso (Radziejowice) – 1920,
- Mosso (Siedliszcze) – 1920,
- ZT Bodaczów – Viterra – 1920 (1850*).
Daily rapeseed purchase prices in intermediary companies (August 7, 2024 in PLN/t net)
- Agrii – 1850-1900 (1800-1850*),
- Agro-Mat – 1910,
- Agro AS – 1960 (1900*),
- Agro-Sieć – 1930,
- Chemirol – 1920-1930 (1850-1860*),
- Lechpol Szubin – 1850,
- Pol-Tor – 1930,
- Procam – 1930,
- Osadkowski – 1950,
- Ziarn-Pol – 1860/1900.
read more
Cereal and rapeseed harvest estimates are lower, but so are the acreage. The Central Statistical Office released the data
read more
A large drop in the price of rapeseed