World: Weekly oilseeds market analysis on December 28

Weather Rainfall will be somewhat more isolated in central Brazil by the end of the week before becoming more widespread this weekend and into the new year, changing conditions for soybeans in the pod formation stage. In Argentina, rains have been frequent recently, keeping the soil moist, and overall conditions are very favorable for soybean development, although areas that are too wet are slowing planting progress slightly. In Australia, dryness in the west is a problem, but areas of the south east have had some pretty heavy rainfall over the past weekend. In the northeastern regions, there will be prolonged rains until the New Year, favoring the development of crops. Global market highlights Last week, rapeseed prices ranged narrowly, falling €1-2 for February and May MATIF futures, under pressure from significant offers due to regular imports from Ukraine. In addition, the second half of the season is expected to see the new crop of Australian canola on the market. However, ...