Rapeseed futures in Europe have been inching upwards this month, shored up mostly by unremarkable yields across the continent. Even the physical markets in Europe, for example in the UK, are firming up as traders continue their buying sprees in order to increase stockpiles as supply and demand remain tight.
By Vladimir Pekic
Published: 15 August 2016 04:13 PM
This is well in line with the expectationthat world rapeseed prices are likely to rise in 2016/17, driven by the overallreduction in world supply.
Global rapeseed production prospects for2016/17 have been revised slightly upwards this month to 67.16 mln