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UK delivered rapeseed gained £2.00/t to £375.00/t for Feb-21 delivery, while Paris rapeseed futures lost €4.75/t to €409.25/t. Stratégie Grains estimates EU plus UK rapeseed output could reach 18.2Mt next season, up 1.0Mt, and 77% of UK winter OSR was rated good to excellent.
A projected recovery in EU and UK rapeseed output eases supply tightness and caps canola meal and rapeseed price gains, while sterling weakness supports UK delivered prices.
ahdb.org.ukDec 7, 2020Not 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.
