호주 오일 및 지방 인사이트

The weather Weather in South America remains in focus. Favorable conditions on the continent are putting pressure on soybean futures, and forecast rainfall in Brazil will continue to support crop development in most key regions. As of the end of November, planting in Brazil is 90% complete of the planned 47.3 million. hectares, ahead of the previous year's pace of 83.1%. Australian harvest campaigns have been struggling due to widespread rainfall over the past two weeks, and unfortunately weather patterns will not be particularly favorable for canola over the next seven days. Highlights from global markets After MATIF canola broke through key resistances last week and easily fell from close to €550/t to €493/t, this oilseed is trying to regain ground. Within four sessions, the leading February futures realized a very good appreciation, consolidating at the levels of around €525/t. And while predictions

Olimerca.- Global imports of table olives have registered a total volume of 488,872 tons, which represents an increase of 9.7% between September 2023 and August 2024, compared to the same period of the previous campaign. This is highlighted by the latest data from the International Olive Council. The United States is the country that imports the most, with a total of 156,309 tons, although it registers a decrease of 4.5% compared to the previous campaign. Brazil follows with 127,999 tons, increasing its imported volume by 4% compared to the previous campaign. Other countries that have seen a significant increase in their olive imports, as we can see in the table below, are Egypt, with 110,000 tonnes, 118.7% more than the previous campaign, Mexico with 11,416 tonnes (+61.5%), or Argentina with 93,780 tonnes (+52.8%). Likewise, Australia also increased its imports with 19,480 tonnes, 11.9% more than the previous campaign. On the other hand,

However, oilseeds and protein crops recorded the largest decline in value, falling by €1.9 billion (-15%), especially from Australia, Brazil and the United States.