Rapeseed loses another €5/t on Euronext

Rapeseed prices remained on a downward trend this Friday at mid-session on Euronext. The oilseed complex remains under pressure from excellent production prospects in Argentina. The Buenos Aires Mercantile Exchange has also raised its “good to excellent” soybean ratings by two points, to 42%, compared to 7% last year, while plantings continue to progress at a good pace. The rains in Brazil are also pushing prices down. However, crude prices are regaining firmness in response to the closure of several oil fields in Libya and attacks on ships in the Red Sea. A recovery in palm oil has also been recorded on the Kuala Lumpur ...