Rapeseed prices have fallen again on world stock exchanges

Published 2024년 12월 18일

Tridge summary

The article reports a decrease in the price of rapeseed and canola futures on the Paris, Chicago, and Winnipeg stock exchanges for the upcoming February and January contracts. The price of rapeseed on the Paris stock exchange (MATIF) fell by 0.8%, reaching EUR 537.50/t, a 24.7% increase from the previous year but a decrease from the previous session. Similarly, American soybeans and Canadian canola also experienced a decrease in their prices, with soybeans falling by 0.5% to USD 358.89/t and canola by 1.2% to CAD 594.00/t, showing a year-on-year decrease of 25.8% and 8.0%, respectively. The charts show a long-term downtrend, medium-term uptrend, and short-term uptrend for both rapeseed and soybeans.

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

Original content

Rapeseed on MATIF has fallen in price The price of rapeseed in the contract for delivery in February next year on the Paris stock exchange fell yesterday by 0.8% and amounted to EUR 537.50/t (PLN 2,290/t) and was 24.7% higher than a year ago. The price of canola fell the most American soybeans fell by 0.5% and cost USD 358.89/t. In year-on-year terms, the price of soybeans fell by 25.8%. The price of Canadian canola fell by 1.2% and amounted to CAD 594.00/t, and over the past year it has fallen by 8.0%. Matif rapeseed, February contract - the price fell by 0.78% (EUR 537.50/t - PLN 2,290/t). The February rapeseed futures quotes expressed in złoty are presented in the chart below: The following continuation chart of rapeseed contracts quoted on Matif shows a long-term downtrend, a medium-term uptrend and a short-term uptrend. CBOT soybeans, January contract - the price fell by 0.53 percent (358.89 USD/t - 1458 ...

Source: Farmer.pl