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United States: Rapeseed futures on ICE declined on Tuesday

Published May 30, 2024

Tridge summary

Rapeseed futures on ICE experienced a decline on Tuesday following a rally the previous day, driven by favorable weather conditions and the availability of ample Canadian inventories. The drop in CBOT soybean futures also contributed to the downturn. The specific price decreases were: July 668.70 -3.50, November 690.20 – 2.60, January 25 698.20 – 1.70, March 25 705.40 – 1.20.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed futures on ICE fell on Tuesday after rallying on Monday amid good weather and ample Canadian inventories and following a decline in CBOT soybean futures. July 668.70 -3.50 November 690.20 – 2.60 ...
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