The price of rapeseed on MATIF rose, but most oilseeds fell on world exchanges

Rapeseed prices in the contract for delivery in February next year on the Paris stock exchange fell by 1.0% on Friday and amounted to EUR 517.00/t (PLN 2,251/t) and were 20.2% higher than a year ago. Over the past week, prices rose by 0.6%. Rapeseed on MATIF the most expensive in 20 months Looking at the continuation chart of rapeseed prices, Friday's price is at the highest level since March 7, 2023. It seems that in the context of poor rapeseed harvests in the EU, the upward trend in prices should continue. The brake on further price increases is weak soybean prices, but in turn, strong increases in palm oil prices support the rapeseed market. American soybeans did not change their price on Friday and cost USD 361.00/t. In year-on-year terms, soybean prices fell by 23.9%, while they fell by 0.5% for the week. Canadian canola prices fell by 0.7% to CAD 631.20/t, and have fallen by 3.5% over the past year. In week-on-week terms, canola fell by 1.6%. EU rapeseed harvest forecast ...