ODA Newsletter : agricultural market insights & trends #169
January 25, 2019
Every two weeks, Euralis Seeds will publish a newsletter, in partnership with Offre et Demande Agricole, on trends and the agricultural market.
Lets’ see, how market situation has evolved since last two weeks.
On the oilseeds complex, prices for oils should continue to rise given strong global demand and gradually falling palm supplies.
In soybeans and soya meal, while the production outlook is falling, the global balance sheet is comfortable, which suggests that prices will not jump sharply.
The global rapeseed market is tightening as Ukrainian and Australian exports gradually dry up. This should focus demand on Canadian supplies for the second half of the campaign.
Sunflower prices should continue to follow the oils market, but to a more limited extent given good world supply.
On the wheat market, falling supplies from the Black Sea are the main source of concern. The rise in Russian prices should continue to support international wheat markets (US, EU). French wheat prices are very competitive when exported, so there is a potential for growth compared to its competitors.
Climbing Ukrainian maize prices continue to support the European market. However, to maintain interest in maize for animal feed, maize cannot continue to advance without wheat.
For further information, please, find below the full issue. The next edition of the ODA newsletter will be on February, 8th, 2019.
English version : ODA Newsletter 169_EN
French version : ODA-Newsletter-169_FR
Russian version : ODA-Newsletter-169_ RU
Others versions (romanian, hungarian, spanish, ukrainian, german, polish, slovak, bulgarian) are available, if you want to subscribe to this newsletter each two weeks, please send a mail in a contact form.
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