Rapeseeds Archives

Rape

European Market Is Oversupplied With Rapeseed

Posted on 23. October 2023

Most of the demand of the European buyers for rapeseed is concentrated in January-March. The saturation of the European market with rapeseed is confirmed by the continuation of the downward […]

Rapeseed Planting Area Reduced in Poland

Posted on 17. October 2023

According to Sparks Polska estimates, the rapeseed area of the 2024/25 MY crop in Poland is about 950-980 thsd ha, compared to 1.1 mln ha in 2023/24 MY. This reduction […]

Rising New Crop Supply Puts Pressure on Rapeseed Prices

Posted on 11. October 2023

The decline in soybean prices on the Chicago Stock Exchange added pressure on rapeseed prices, which have been falling over the past month, reports Graintrade. In Canada, favorable weather allows canola […]

Higher Rapeseed Production Estimates in EU Put Pressure on Prices

Posted on 5. October 2023

Strategie Grains experts increased the forecast of rapeseed production in the EU in 2023/24 MY by 0.6 million tons compared to previous estimates from 18.9 to 19.5 million tons (19.4 […]

Grain Markets Plunge on Higher US Stocks

Posted on 3. October 2023

European Grain Markets On Friday evening, the USDA surprised the grain markets with much larger than expected US wheat production and stocks. The wheat slump in Paris reflects this surprise. […]

rapeseed oilseeds field canola MATIF - Ukrainian Rapeseed Prices Are on the Verge of Collapse - Germany Reduces Rapeseed Harvest Forecast - Dry Weather in Canada Drives Speculation in Rapeseed Prices - Rapeseeds Export Season Can Become Record-Breaking for Ukraine - Analysts Increased the Estimate of Rapeseed Harvest in the EU

Analysts Increased the Estimate of Rapeseed Harvest in the EU

Posted on 2. October 2023

Analysts of Strategie Grains increased the overall estimate of the EU rapeseed production in 2023/24 MY by 0.6 mln tonnes compared to the previously announced figure – to 19.5 mln […]

Hemmes’ Passion for Farming Helps Her as a USB Farmer-Leader

Posted on 29. September 2023

Hampton, Iowa’s April Hemmes is in her eighth year as a United Soybean Board – USB farmer-leader. Hemmes is a vocal leader for USB and currently serves as a member […]

Market Analysis: Dalian Exporters' Outlook for Sunflower Seeds

EU Countries Increased Sunflower Oil Imports by 42%

Posted on 27. September 2023

In the period from July 1 to September 24 this year the EU countries imported more than 3.57 million tons of major oilseed crops, which is 25% lower than in […]

Rising Prices in Commodity Markets Amid Drought Concerns

Posted on 26. September 2023

The week started with a price rise in the commodity markets where drought concerns are on the agenda, with the exception of rapeseed, which fell both overseas and in Europe. […]

EU agrees €50 billion loan for Ukraine, which will support Hryvnia exchange rate EU leaders have agreed to provide 50 billion euros in macro-financial assistance to Ukraine, European Council President Charles Michel said. "The decision, supported by all 27 EU member states, will ensure stable, long-term and predictable financing for Ukraine. The EU, aware of what is at stake, is taking the lead and responsibility in supporting Ukraine," Michel stressed. In 2024, Ukraine will need to attract $37-40 billion in external financing, part of which will be EU assistance. US aid would be very important, the decision on which the Trump-controlled Republicans are delaying to use as an argument in the US presidential election. In January, the revenues of the state budget of Ukraine amounted to UAH 154.9 billion, of which UAH 140.6 billion were internal revenues and UAH 14.6 billion were external revenues, mainly taxes: Taxes - UAH 60.2 bn, customs - UAH 47.3 bn, OVDP - UAH 32.8 billion, international assistance - $0.4 billion (UAH 14.6 billion). The work of the economy (without debts and grants) brought UAH 107.5 billion to the budget, which is a good indicator for peacetime, but now it is a very weak result, as similar volumes remain in the shadows. In January, compared to December, the National Bank reduced the volume of interbank currency sales by 28.7%, from $3.553 billion to $2.533 billion. According to the Ministry of Finance of Ukraine, the state and state-guaranteed debt has doubled since the beginning of the war, reaching $145.3 billion or UAH 5,519.5 billion as of 31 December 2023. In 2023, the government debt grew by 35.4% in hryvnia, or 1,444 billion hryvnias, and by 30.4% in foreign currency, or $33.9 billion. The interbank rate of the dollar remained in the range of 37.5-37.6 UAH/$ this week. Experts believe that the receipt of US and EU aid will allow the hryvnia to remain at the level of 37.5-38 UAH/$, otherwise the exchange rate may rise.

EU countries and Ukraine Will Meet to Solve the Grain Problem

Posted on 25. September 2023

A meeting of the Coordination Platform for the Export of Ukrainian Grain, consisting of Ukraine, five neighboring countries and other EU member states interested in solving the grain problem, will […]

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