Between October 7 and 14, rapeseed prices increased slightly in France, driven by the poor sunflower harvest, whose prices soared. On the other hand, soybean and feed pea prices are falling, impacted by different market conditions.
Rapeseed: slight increase in prices
The prices of rapeseed increased both on Euronext and on the French physical market between October 7 and 14. This increase follows the trend observed for the sunflower hexagonal, whose poor harvest in 2024 is confirmed, causing an increase in prices.
Sunflower: significant increase in price
The quotes of sunflower flared up during the same period, between October 7 and 14. The harvest, still unfinished in several regions due to bad weather, is experiencing problems both quantitatively and qualitatively. Many plants are still standing, although the harvest should normally be over. Storage organizations are urging farmers to harvest despite high seed moisture.
Soya: price drop
The courses of military fell on the CBOT between October 7 and 14, influenced by the good pace of harvests in the United States and the rains in Latin America. In addition, Chinese demand is expected to decline slightly in the short term, due to a reduction in pig slaughter observed in August in the country.
Peas: in continuous decline
The prices of fodder peas on the French physical market continued to decline between October 7 and 14. Demand remains weak, with buyers having already factored in the fact that French supply would be very limited this year.
This article was written by specialist journalists from La Dépêche-Le petit Meunier, which has been supporting grain trade operators since 1938.
