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Soya Prices Holding Steady
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Bullish USDA report versus Bearish Economic Woes.
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Oilseed rape prices remain range bound as the market is looking for direction.
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Since last week oilseed rape prices have recovered as the market still perceives rapeseed will be short within the EU and need to be rationed against the requirements for food and biodiesel.
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Markets for grains and oilseeds went down yesterday on the following news from the USDA.
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Oilseed rape growers worried about the problems associated with wet summers and late harvests should choose an early maturing variety to reduce harvest pressures according to Richard Elsdon, Technical Manager for United Oilseeds, who recommends candidate variety DK Camelot as a solution to late maturity concerns. ...
Oilseed Rape prices have retreated over the last week as a number of bearish factors have impacted on the market
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