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World: How long will rapeseed be?

Canola Seed & Rapeseed
Brazil
Published Mar 23, 2023

Original content

Such forecasts were made by Bank Credit Agricole analysts in the latest issue of the quarterly Agro Mapa Spring 2023. We have already written about the prices of wheat and corn, now we will focus on forecasts for oilseeds. How long will rapeseed be? According to the Bank's experts, in recent months there has been a further, clear drop in the prices of oilseeds. What was the reason? First of all, this is the result of an improvement in the demand and supply situation, reduced uncertainty on the market, the outflow of speculative capital, as well as the continuation of Ukrainian exports of oilseeds by sea. - The supply and demand situation on the oilseeds market is currently better than on the cereals market, hence the decline in oilseed prices recorded in recent months was deeper than in the case of cereals. We believe that due to the relatively high profitability of production, the next season will bring a further rebuilding of oilseed stocks and, consequently, a continuation of ...
Source: Farmer.pl
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