Europe: Euronext rapeseed reaches €545/t

Rapeseed prices remained slightly upwards on Tuesday evening on Euronext, despite a still hesitant soybean complex. The rapid progress of Brazilian sowing and the risk of a breakdown in Sino-American trade relations with the return of Donald Trump to the White House continue to weigh on bean prices, but strong American demand and still very dynamic international sales offset the pressure. In Europe, oilseeds also remain in an upward trend after the disappointing 2024 sunflower harvest and due to high import requirements. The Canadian canola harvest is also expected to be lower than initially anticipated and the current downward correction of the eurodollar parity ...