Global: Rapeseed continues its rebound towards €500/t

Rapeseed prices recorded a notable increase this Monday mid-session on Euronext, in the wake of Canadian canola and vegetable oils. Palm oil prices notably recorded a gain of more than 1.5% this morning on the Kuala Lumpur Stock Exchange, in response to an estimated contraction in Malaysian production last month and an anticipated increase in consumption interior in Indonesia. Canola, for its part, is regaining firmness on the Winnipeg Stock Exchange, given excessive rain and unfavorable weather forecasts in a large part of Canada. In Europe, the first harvests also confirm the unfavorable impact of the excessively wet and cloudy spring suffered by crops. The soybean complex, on the other hand, remains poorly oriented, ...