Discover the latest seeds trends and developments with Agritel and Lidea

October 29, 2021

DISCOVER THE LATEST SEEDS TRENDS AND DEVELOPMENTS WITH AGRITEL & LIDEA!

Let's see how the market situation has evolved since the last two weeks. 

Oilseed complex:

The oilseed complex is still well poised. Palm oil is still at near-record levels thanks to limited production and buoyant demand. This is underpinning all vegetable oils and oil seeds. Furthermore, demand for rapeseed crush in Europe is buoyant despite low seed supply. This requires a rationing of demand and is underpinning prices. Lastly, the rally on the export sales of US soya is maintaining a certain stability on the soya market. In the medium term, traders will be monitoring the arrival of Australian canola and then Brazilian soya. 

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 Cereals complex: 

 International demand is still buoyant and helping to keep the cereal complex in good order. With the southern hemisphere about to harvest small grain cereals and the northern hemisphere making progress with its maize harvests, harvest pressure is on a back burner. Economic growth is still a supporting factor for all markets.