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Lower harvest estimate supports rapeseed price

29-05-2024 | |
In Ukraine, rapeseed production appears to be somewhat higher than expected earlier this season. Photo: Canva
In Ukraine, rapeseed production appears to be somewhat higher than expected earlier this season. Photo: Canva
Slightly lower harvest expectations in the European Union support the price development of rapeseed. After a small price correction just before and after the weekend, the futures market in Paris started to rise again on Tuesday, May 28. Futures market trading in Paris lifted the price level above €500 per ton on Tuesday. At least for the delivery contracts from November 2024. For the August contract, the prices are still just below. Last Thursday, May 23, the limit of €500 per ton for Aug


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Redacteur 1

Marieke
Ploegmakers

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Matthew
Wedzerai

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Treena
Hein

Ramaker
John Ramaker Commodities market editor, Boerderij