Decrease in prices of oilseeds on world stock exchanges

Published 2022년 12월 16일

Tridge summary

On December 16, 2022, the global oilseeds market saw minor price adjustments, with soybean discounts despite strong export data. US soybeans fell 0.8%, but prices have increased by 16.7% over the year. Canadian canola and European rapeseed also experienced price drops of 0.8% and 0.6%, respectively, with canola's price down by 13.2% and rapeseed's down by 20.5% year-over-year. The stock market trends show an overall long-term upward trend for soybeans and canola, with some short-term declines.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Thursday again did not bring any major decisions on the global oilseeds market. Prices fell less than one percent, without fundamentally changing the picture of the market from the last few days. It may only be surprising that US soybean discounted amid very good weekly export shipment data. In the week ending December 8, 2.9 million tons of soybeans were sold, while estimates before the report indicated a maximum of 2.1 million tons. This was also the second-highest weekly sales of soybeans this season. What is the price of rapeseed? Rapeseed for February delivery on the Paris Stock Exchange fell 0.6 percent yesterday. and amounted to EUR 558.50/t (PLN 2,616/t) and were 20.5% lower than the year before. Canada's canola fell 0.8 percent on the Winnipeg Stock Exchange yesterday. and cost CAD 868.00/t, and over the last year the price fell by 13.2 percent. US soybeans fell 0.8% yesterday. to USD 541.41/t. Over the last twelve months, the price of soybeans has increased by 16.7 ...
Source: Farmer.pl

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