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European rapeseed crush margins have fallen to about $90 per tonne from $150 three months earlier, now $40-60 below North American canola margins. Processors are looking to China, where crush profitability has improved.
Shifting crush margins change where oilseed crushing and meal production expand, affecting meal and oil supply balances. Higher Chinese crush activity would support soybean and meal demand.
grainpricenews.comMike VerdinOct 26, 2022Not enough comparable past events yet for a historical read.
Not 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.
