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Farmers Weekly reports that global oilseed prices remain well below 2022 highs, with Paris rapeseed November futures near €440.75/t. Heavy Black Sea rapeseed supplies and the North American soybean harvest are limiting gains.
US soybean futures have eased from about $14 to $13 a bushel.
Ample global oilseed supply from the Black Sea and a large US soybean harvest keep meal and bean prices under pressure. Higher crude oil prices give only limited support.
fwi.co.ukCharlie ReeveSep 27, 2023Not 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.
