France: Rapeseed prices have been rising on MATIF for four weeks

Rape Leaves

Nuts & Seeds

Published Mar 25, 2024

Tridge summary

Over the past month, there has been a significant increase in the prices of canola, rapeseed, and American soybeans. Canola prices have seen the highest increase of over 11%, reaching a two-month high. Rapeseed prices on the Paris stock exchange have also risen, albeit at a slightly lower rate of 10%. American soybean prices have seen a 5.3% increase. However, despite the overall upward trend, there was a slight dip in the prices of these commodities on Friday.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Canola has gained over 11% in one month. Last week, in most cases, the increase in oil prices on world stock exchanges, which had been going on for about a month, continued in most cases. At this time, Canadian rapeseed prices are the best, having increased by 11.2% since the low recorded a month ago. and are at levels last seen over two months ago. Rape on the Paris stock exchange is the most expensive in 4 months A slightly smaller increase was recorded in rapeseed on the Paris stock exchange, the price of which has increased since the low reached on February 26 this year. increased by 10.0 percent and is at the level last seen at the end of November last year. The worst performance at this time was the price of American soybeans, which increased by 5.3% over the last month. Changing the trend to an upward one From the point of view of technical analysis of charts, the recent increases in oil prices have turned into an upward trend that has not been seen on the markets for a ...

Source: Farmer.pl