Rapeseed rose 6.5 percent in a week in Paris, France

Published 2021년 3월 1일

Tridge summary

In the past week, agricultural markets have seen mixed results, with some commodities experiencing price increases while others declined. In Europe, rapeseed prices surged by nearly seven percent, but milled wheat and maize prices fell by 2.6 percent and 0.8 percent respectively. In London, feed wheat prices rose by 0.9 percent, and in Chicago, wheat, corn, soybeans, and rapeseed all saw slight price increases. However, a lack of export activity and concerns over Chinese demand have limited price growth. Meanwhile, soybeans have made nine consecutive monthly profits due to declining U.S. inventory and slower Brazilian harvests. Additionally, prices for sugar and soybean meal fell, while coffee, soybean oil, oats, cocoa, orange juice, and rice saw price increases.

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

Original content

Trading over the past week has typically brought pluses to agricultural markets. In Paris, rapeseed prices rose by almost seven per cent, but the price of milled wheat also picked up 2.6 per cent, nuancing the overall picture that maize has lost 0.8 per cent of its value in five trading days. In London, feed wheat prices rose 0.9 percent. In Chicago, wheat rose 0.1 percent, corn 1.2 percent, soybeans 2.1 percent and rapeseed 3.3 percent. A tonne of wheat cost $ 242.36 after a not-so-significant 0.1 percent rise in price. They gave $ 216.18 per tonne of corn after a good one percent plus. The $ 517.31 per tonne rate for soybeans developed after a good two percent weekly rise in price. The rapeseed price was the best shot among major agricultural products overseas, with a price level of $ 352.38 per tonne, an increase of more than 3 percent. Despite rising prices, traders said a lack of export activity curbed price increases this week, even as Chinese buyers returned to the market ...

Source: AgroForum