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German farmgate rapeseed prices reached just under EUR 380 per tonne, the highest since May 2014, with Paris forward prices above EUR 400 per tonne. The rally was driven by higher soybean prices on Chinese demand, a snow- and rain-hampered Canadian harvest, firm palm oil and crude oil, and a weak euro.
Tighter global oilseed supply and firmer vegetable oil prices lift meal and oil values, while a weak euro boosts EU export competitiveness for rapeseed and its meal.
biofuelsdigest.comJim LaneNov 6, 2016Not 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.
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.
