Search
  • scorpiusuk

weekly market summary

Rapeseed markets have moved higher due to continued delays in the UK and EU rapeseed harvest and sharp gains in Canadian canola-rapeseed markets. Seed prices are at record high, for the month and demand remains strong with refiners well sold through to October.


Sunflower oil markets are still firm in the short term, until the arrival of new crop supplies but there are also concerns over current hot and dry conditions could trim yields

in Russia but generally, we are expecting a major improvement from 2020 but there are questions whether we will see a record crop. Weather in the next few weeks is key.


Soybean markets have been very firm due to a supportive USDA supply and demand report which showed a fall in the soybean yield. Stocks are unchanged due to lower export and crush estimates but still very tight. Conditions could improve if there is normal weather

in the coming weeks. August is a key month for determining crop size-quality.


Palm oil futures are sharply higher due to a supportive crop report which showed a sharp fall in stocks in July (compared to expectations of a small rise). Production fell

last month, due to the continued lack of labour. The market is waiting to see if Malaysian production can pick up but full year production is looking very disappointing but

this could be offset by an increase in Indonesia.

1 view0 comments

Recent Posts

See All

Volatile markets

Food (and other) inflation: a globally growing concern. Earlier this month, in the U.S., the EPA (Environmental Protection Agency) recommended reducing biofuel blending mandates below the 2020 levels.

Market Summary 26th august.

Rapeseed markets have continued to move higher in the past few weeks due to the continued delays in the UK and EU rapeseed harvest and continued strong demand. Seed prices are easing but still very hi

rapeseed vegetable and palm oil market report

Rapeseed markets still supportive by very strong demand, delays in the UK and EU rapeseed harvest and sharp gains in Canadian canola-rapeseed markets. There have also been issues with supplies in the