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A weekly review reports MATIF canola consolidating near €500/t after a €30 weekly gain, with the EU Commission's MARS lowering the average EU rapeseed yield to 310 kg/ha. Sunflower yield forecasts were cut 5% to 209 kg/ha, and adverse weather hit the Black Sea and Western Europe.
Lower EU rapeseed and sunflower yields tighten supplies of meal and oil, supporting sunflower and canola meal prices for feed buyers.
tridge.comVictor LangatJul 25, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
