Oilseeds - Oils

Oilseeds daily: oil applies strong pressure

March 31, 2021 at 3:40 PM, Der AUDITOR
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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


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