Rapeseed prices on Euronext and the French physical market fell significantly between November 16 and 17, under pressure from the erosion of oil prices in New York and London. For their part, soybean prices in Chicago have risen well.
Regarding oil, the fall in prices is attributed to rumors emanating from the market indicating a possible marketing of US strategic reserves, but also due to the resurgence of the Covid-19 epidemic in Europe ( including France), likely to penalize energy demand. The high level of the dollar against competing currencies also weighed on prices.
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