AHDB commentary notes UK feed wheat November 2020 futures closed lower at £164.45/t after a three-day rally, while EU rapeseed imports were sluggish at 216,000 tonnes so far this season versus 408,000 a year earlier. The article questions whether soybeans and sunflowerseed could cap rapeseed price gains.
Tight EU and Ukrainian rapeseed supplies point to firm oilseed meal demand, but rising substitute supply from soy and sunflower could limit rapeseed price upside.
Not 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.