Decrease in oilseed prices on world stock exchanges
Canola Seed & Rapeseed
Soybean
Published Jan 25, 2023
Tridge summary
Rapeseed price drops for the seventh consecutive day Another day (seventh session in a row) of rapeseed quotations on the Paris stock exchange ended with a drop in the price and setting a new minimum in the current downward wave. Canadian canola and American soybeans also fell. Improvement of the weather in Argentina (rains) contributed to the already weak sentiment on the market not only for soybeans, but also for other oilseeds. Let me remind you that the drought in Argentina, according to the January USDA report, was supposed to reduce (compared to the December report) the soybean harvest in this country by 4 million tons to 45.5 million tons. .7 percent and amounted to EUR 529.25/t (PLN 2,497/t) and were 30.1% higher than in the previous year. lower than the year before. Yesterday's price is the lowest since August 4, 2021. Canadian canola fell by 0.8 percent yesterday on the Winnipeg Stock Exchange. and cost CAD 806.70/t, and the price fell by 21.1% over the last year.
Original content
Seventh consecutive fall in rapeseed prices Another day (seventh session in a row) of rape quotations on the Paris stock exchange ended with a drop in the price and setting a new minimum in the current downward wave. Canadian canola and American soybeans also fell. Improvement of the weather in Argentina (rains) contributed to the already weak sentiment on the market not only for soybeans, but also for other oilseeds. Let me remind you that the drought in Argentina, according to the USDA report in January, was supposed to reduce (compared to the December report) the soybean harvest in this country by 4 million tons to 45.5 million tons. Rapeseed in a contract for delivery in February fell 0.7% on the Paris Stock Exchange yesterday. and amounted to EUR 529.25/t (PLN 2,497/t) and were 30.1% higher than in the previous year. lower than the year before. Yesterday's price is the lowest since August 4, 2021. Canada's canola fell 0.8 percent on the Winnipeg Stock Exchange yesterday. and ...
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