Rapeseed prices remain under pressure despite poor harvest forecasts

Rapeseed quotations are still under pressure. Trading in August rapeseed contracts on the Paris futures market closed flat at €462 per tonne on Monday, but most other contracts fell. The lacklustre stock market quotations do not seem to be affected by the poor harvest forecasts. Last week, grain trade organisation Coceral lowered its forecast for rapeseed. Plus on Monday, the European crop monitoring agency MARS revised downwards the forecast for rapeseed yields in the EU. Harves