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Ukrainian rapeseed purchase prices are weakening as buyers show low demand and canola futures fell about 5% in the week to mid-August. Canadian farmers are holding back canola in hopes of better prices, and EU rapeseed imports from July 1 to August 14 rose 65% year on year.
Weak export demand and growing risk of farmer selling pressure point to lower rapeseed and canola meal prices.
graintrade.com.uaAug 18, 2022Not 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.
