France: On the Euronext exchange, rapeseed prices continue to rise, the quote is supported by the lack of sunflower harvest

Published 2024년 11월 12일

Tridge summary

European rapeseed prices on the Euronext exchange increased by €10.50 per ton, reaching €532.75/t due to a decrease in palm oil supply and negative sunflower crop estimates caused by adverse weather conditions. UkrAgroConsult predicts a 21% decrease in Ukraine's rapeseed harvest in 2025 due to poor sowing conditions. Meanwhile, in Ukraine, the weighted average purchase prices for high-quality rapeseed range from UAH 21,260 ($530) to UAH 23,310 ($550) per ton, depending on the size and GMO status.

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

Original content

Rape prices on the European Euronext exchange for November 1-7 rose by €10.50. This is reported by UkrAgroConsult. In general, rapeseed prices on Euronext rose to €532.75/t. A reduction in palm oil supply, as well as a deterioration in sunflower crop estimates in Europe due to weather conditions at the end of the harvest, add to the positive quotes. Previously, the consulting agency reported that the rapeseed harvest in Ukraine in 2025 will be 21% less than this year. The reason for this was the conditions of winter rapeseed sowing, which took place in conditions of acute moisture deficit. We will remind you that rapeseed, mustard, flax and coriander are accepted as the most expensive at the same level as sunflower at Ukrainian elevators. Weighted average ...

Source: Superagronom