Decrease in oilseed prices on world stock exchanges

Published 2023년 3월 15일

Tridge summary

Oil prices have led to a decrease in oilseeds prices on global stock exchanges. The uncertainty about Russia's position on extending agricultural export facilitation from Ukraine has likely contributed to the recent slowdown in oil prices. The prices of rapeseed, canola, and soybeans have all seen a decline over the past year. The long-term trend for canola and soybeans is up, while rapeseed is experiencing a long-term downtrend.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The sharp decline in oil prices deepens the decline in oil quotations Oils prices on world stock exchanges fell again. The weak sentiment on the oilseeds market in recent days has been aggravated by the price of crude oil, but the recent slowdown in oil prices is probably related to the unclear position of Russia regarding the extension of humanitarian corridors enabling the export of agricultural products from Ukraine by sea by another 120 days. The price of rapeseed in a contract for delivery in May on the Paris Stock Exchange fell by 0.5 percent yesterday. and amounted to EUR 482.75/t (PLN 2,265/t) and were 46% higher than in the previous year. lower than the year before. Canada's canola fell 1.3 percent on the Winnipeg Stock Exchange yesterday. and cost CAD 779.60/t, and over the last year the price dropped by 31.0 percent. US soybeans fell 0.02% yesterday. to USD 551.05/t. Over the last twelve months, the price of soybeans has fallen by 11.1 percent. Matif rape, May contract ...

Source: Farmer.pl