On Tuesday soybeans price in Chicago dropped much. Wheat and corn prices had weaker decreases. In Paris rapeseed price went up significantly, followed by wheat. Corn however remained stable.
According to forecast of Oil World in 2017 – 2018, the canola crop in Canada will reach 18.6 million tonnes given 20 million tonnes in the previous forecast.
According to the attache of USDA in China, in 2017 – 2018 cancellation of state support for corn producers will lead to rise in areas under soybean cultivation.
