THE prix of rapeseed have given up ground on Euronext between November 21 and 22, under pressure from technical sales and the drop in vegetable oil prices. The decline of the euro against the US dollar, however, penalizes rapeseed imports. The decline was reflected in the walk French physics.
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Oil prices military retreated on the CBOT. The bearish factors change little, the future policy of the administration Trump unfavorable to biofuelsto growing conditions favorable in South America (notably with the good progress of semis in Argentine), through the latest trade agreements concluded between the Chine and the Brazil. The rise of the dollar against competing currencies also pushed oil prices downward. The rise in prices of oil in New York and London, however, limited the losses. Only the rebound in stock prices cakes and the announcement of a new exceptional sale of seeds provided support for soybean quotations, which increased slightly in Chicago.
Au Canadathe courses of canola also retreated. Demand remains weak both on the domestic market and abroad.export and the crushers are covered. The weekly export figures are also down from one week to the next.
Finally, the quotes of theoil palm prices continued their decline, in the wake of thesoybean oil American and Chinese oils in Dalian. Less dynamic export demand also had an impact on prices.
On the side of sunflowerGraintrade reports a drop in quotations in Ukraine on the local market for crushing, in the wake of vegetable oils.
On the French physical market, sunflower prices have not changed.
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Fundamentals:
- Argentina, soybeans, sowing : 35.8% last week (source: Buenos Aires Stock Exchange).
Commerce international :
- United States, soybeans, export sales : 198,000 t to an unknown destination (source: USDA);
- Canada, canola, exports : 189,000 t last week, a 20% decrease compared to the previous week (source: Canadian Grain Commission).
French physical markets from November 22, 2024 (July base for cereals)
| Sunflower | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
| Rapeseed | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
| Soybean meals | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
| Then | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
Commercial quotes for dairy products from November 21, 2024
| Milk powder | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
| Whey powder | Specifications | Due date | euro/t | Variation | |
|---|---|---|---|---|---|
Evolution dollar / euro du 22 novembre 2024
| Devise | Closing value |
|---|---|
Chicago Futures Market Closes November 22, 2024
| Raw materials | Fence | Chicago |
|---|---|---|
Closing of the Euronext futures market on November 22, 2024
| Colza (Euronext) | |
|---|---|
| Echéance | Fence |
| Rapeseed oil (Euronext) | |
|---|---|
| Echéance | Fence |
| Rapeseed meal (Euronext) | |
|---|---|
| Echéance | Fence |
International market quotes from November 22, 2024
| Energy | Echéance | Closing value |
|---|---|---|
| Ocean freight indices | from November 22 | Variation |
|---|---|---|
**Given the current geopolitical landscape and the Trump administration’s stance on biofuels, how might demand for soybeans and rapeseed potentially shift in emerging markets, and how could this impact global supply chains?**
## World Today News: A Global Grain Market Update
**Welcome to World Today News’ exclusive interview on the current state of the global grain market. Today, we are joined by two industry experts:**
* **Dr. [Guest 1 Name],**, a renowned agricultural economist with [Years] of experience analyzing global commodity markets.
* **[Guest 2 Name]**, a leading trader specializing in oilseeds and grains at [Company Name].
Thank you both for joining us today.
**Part 1: Oilseed Market Dynamics**
* **[Interviewer]:** The article highlights a decline in rapeseed prices on Euronext. Dr. [Guest 1 Name], can you elaborate on the factors driving this downward trend? What role are technical sales and the drop in vegetable oil prices playing in this scenario?
* **[Interviewer]:** [Guest 2 Name], you work directly with these market fluctuations. From a trader’s perspective, how are these price changes impacting your strategies and decisions?
* **[Interviewer]:** The article mentions the weakness shown by canola prices in Canada. Could both of you discuss the global implications of this trend, focusing on the impact on both export and domestic canola markets?
**Part 2: Soybeans and the Global Picture**
* **[Interviewer]:** The article states that soybean prices in Chicago saw a slight increase. Dr. [Guest 1 Name], can we attribute this solely to the rebound in cake prices and the announcement of new seed sales, or are there other underlying factors contributing to this uptick?
* **[Interviewer]:** [Guest 2 Name], what is your assessment of the current soybean market based on the information presented? Do you foresee a sustained upward trend in the near future, or will factors such as growing conditions in South America continue to exert downward pressure?
**Part 3: The Impact of Geopolitics and Currency Fluctuations**
* **[Interviewer]:** The article mentions the unfavorable policy of the Trump administration towards biofuels. Dr. [Guest 1 Name], how is this geopolitical landscape shaping global demand and supply dynamics for products like soybeans and rapeseed?
* **[Interviewer]:** The article also highlights the impact of the rising US dollar on oil prices. [Guest 2 Name], can you explain how this currency fluctuation affects international trade in grain commodities and what it means for businesses operating in this sector?
**Part 4: Looking Ahead: Future Trends and Challenges**
* **[Interviewer]:** Both of you have deeply insightful knowledge of this ever-evolving market. Can you share your prognosis for the upcoming months? What are the key trends and challenges you anticipate facing in the global grain market?
* **[Interviewer]:** Thank you both for sharing your invaluable insights with our audience. These complex market dynamics require careful analysis and informed decision-making. For our readers who want to stay up to date on the latest developments, we recommend visiting the World Today News website for comprehensive reporting and analysis on all things related to the global economy and market trends.
