Rapeseed quotes in Paris are falling and putting pressure on prices in Ukraine

is still harvesting and Australia will start harvesting in December, while exports from Ukraine have stopped due to the introduction of export duties and problems with export documentation. Export demand prices for rapeseed in Ukraine fell by $5-10/t to $525-545/t (22,500-23,000 UAH/t) for delivery to Black Sea ports in a week, but traders note a sharp drop in rapeseed supply from farmers who have started harvesting sunflower, soybeans, and corn. Producers have switched to selling new crop sunflower, which has risen in price by UAH 500-1,000/t in a week to UAH 27,000-28,000/t (oil content 50%) or $570-590/t excluding VAT, so farmers are speeding up harvesting to take advantage of high prices. Demand for rapeseed from processors also remains high due to good processing margins and a shortage of sunflower supplies, but prices also decreased during the week to levels of 23,300-24,300 UAH/t delivered to the plant. November canola futures in Winnipeg rose 1.6% yesterday to 627CAD/t or ...