Oilseeds - Oils

Oilseeds daily: oil applies strong pressure

March 31, 2021 3:40 PM, Der AUDITOR
Play report as audio

CHICAGO/HAMBURG. Market and price trends with trade assessments. The entire oilseed complex is coming under noticeable pressure, while Russia's export tax on sunflower seeds raises questions.

Soybeans: US exporters wait in vain for Chinese demand

The US soybean market is declining sharply again ahead of today's USDA acreage and stock estimates. Long-term contracts for the coming 2021/22 season are also coming under pressure. China's soybean imports are still lacking. The trade fears that African swine fever will again spread more strongly than expected in China. Looking at the monthly Fats and Oils Report, analysts estimate that 165.1 million bushels of soybeans were processed in February. If the estimate is correct, this would be a decline of


View related articles

Go to the News Overview
Aug 12, 2022
NEW DELHI. Some Indian growers are reporting a pest infestation in the fields and have taken immediate action with the help of the government and universities. There is also an interesting development in the peanut oil market.
Aug 11, 2022
NEW DELHI/ISLAMABAD. Indian traders see Pakistan as the biggest competitor this season as the crop there is expected to be 40% higher than last year. The palm oil market continues to put pressure on prices.
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.