Early this year, the quotes for rapeseed in Paris registered heavy losses in the wake of weak crude oil prices and a stagnant market. Currently, an upward trend is looming on the horizon, driven by firm soybean and vegetable oil prices.
Harvest delays in South America caused by poor weather and buoyant demand for US material have sent soybean profits leaping in Chicago in March 2016. The nearby surged by just over 7 per cent over the month, exceeding the mark of USD 9 per bushel (the equivalent of EUR 295 per tonne) for the first time since December 2015.
Harvest delays in South America caused by poor weather and buoyant demand for US material have sent soybean profits leaping in Chicago in March 2016. The nearby surged by just over 7 per cent over the month, exceeding the mark of USD 9 per bushel (the equivalent of EUR 295 per tonne) for the first time since December 2015.
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