Surprisingly good results from the rapeseed harvest in Germany put pressure on prices
Canola Seed & Rapeseed
Germany
Published Aug 5, 2022
Tridge summary
Berlin (agrar-PR) - Due to the increased revenue from the current harvest, the spot prices are coming under increasing pressure, as is usual for the season.
Original content
04.08.2022 | 11:15:00 | ID: 33764 | Department: Agriculture | plant Berlin (agrar-PR) - Due to the increasing revenue from the current harvest, spot prices are increasingly coming under seasonal pressure. Regionally, the good yields for wheat and rapeseed surprised, so that the downward trend in producer prices continued. At the same time, low water surcharges and rail transport are making deliveries to the oil mills more expensive. Uncertainty about the shipping potential of the Ukraine, the "weather market" in North America and the current harvests in Europe are causing prices on the futures exchanges to fluctuate sharply. According to Agrarmarkt Informations-Gesellschaft (mbH), the surprisingly good results of the rapeseed harvest open up downward price scope. After market participants had expected significant yield losses due to the persistent drought and heat, the yields achieved have so far surprised positively. In France, for example, according to the latest information, ...
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