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Strategie Grains forecasts EU rapeseed production falling 7% to 18.4 million tonnes in 2024/25, mainly from reduced crops in Eastern Europe. European rapeseed prices have dropped about 30 euros/t in 2024 but have stabilized near 423 euros/t on Paris futures.
Imports are expected to rise, mainly from Australia and Ukraine.
A smaller EU crop and higher expected imports support oilseed meal demand from import origins, though prices have already partly reflected the shortfall. Feed buyers should watch for import-driven price firmness.
tridge.comEconomic timesFeb 26, 2024Not 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.
