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German market report says the rapeseed price rose to 370.00 EUR per tonne. The move is attributed to a Canadian canola harvest about 7% smaller than expected and firmer soybean prices.
A smaller Canadian canola crop tightens rapeseed meal supply for export and feed buyers, supporting meal prices. Firmer soybeans add to the upward pressure on protein values.
zmp.deSep 6, 2017Not enough comparable past events yet for a historical read.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
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.
