Rapeseed recovers with a gain of €8/t in Europe

Rapeseed prices began a marked rebound this Wednesday mid-session on Euronext, in the absence of Chicago. Oilseed prices are reacting in particular to the resurgence of the soybean complex recorded the day before on the American trading market, driven by a record crushing recorded in the United States last month (according to Nopa). The slight deterioration in growing conditions noted last week by the USDA also provided support for the trend. The oilseed complex is also benefiting from the rapid rise in crude prices, returning to their highest level since the end of April. Palm oil, for its part, rebounded by almost 1% this morning on the Kuala Lumpur Stock Exchange, ...