Global: Euronext rapeseed consolidates above €510/t

Rapeseed prices showed a slight consolidation movement this Wednesday at mid-session on Euronext, after reaching their highest level in nearly four months for the February 2025 deadline. The trend, however, remains driven by the great strength of vegetable oils, with palm oil prices still up 2% this morning on the Kuala Lumpur Stock Exchange, driven by an acceleration in Malaysian exports since the beginning of October and a slowdown in domestic production. Canola on the Winnipeg Stock Exchange is also experiencing some profit-taking, after a series of five sessions in the green. However, the easing of trade tensions between Canada and China and record export rates in Canadian ports are still pushing prices upwards. The soybean complex, ...