Increase in oilseed prices on global stock exchanges

Published 2023년 3월 30일

Tridge summary

Rapeseed prices have experienced a significant increase, with a 11.4% rise over the past week, marking a recovery from a two-year price low. The price of May delivery rapeseed contracts on the Paris Stock Exchange reached EUR 479.50/t, showing a 48.9% increase from the previous year. Similarly, Canadian canola and US soybeans also saw price increases. The long-term trend for rapeseed and soybeans is up, while canola has a long-term uptrend but mid-term and short-term downtrends.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed rose by EUR 49/t for a week After a one-day stop at the Paris stock exchange, rapeseed prices are back on the rise. From the more than two-year price low set last Wednesday, the quotations have already increased by 11.4 percent. (€49/t). The price of rapeseed in a contract for delivery in May on the Paris Stock Exchange rose by 1.6 percent yesterday. and amounted to EUR 479.50/t (PLN 2,246/t) and were 48.9% higher than in the previous year. lower than the year before. Canada's canola rose 1.0 percent on the Winnipeg Stock Exchange yesterday. and cost CAD 770.00/t, and over the last year the price fell by 32.1 percent. US soybeans rose 0.6% yesterday. to USD 542.79/t. Over the last twelve months, the price of soybeans has fallen by 10.1 percent. Matif rape, May contract - the price increased by 1.64 percent. (EUR 479.50/t - PLN 2,246/t). The quotations of May rapeseed futures expressed in zlotys are presented in the chart below: In the following continuation chart of Matif ...

Source: Farmer.pl