The prices of French rapeseed and sunflower fluctuated between October 1 and 2, 2026, influenced by a range of agricultural and market factors. Soybeans faced seasonal pressure from the American harvest and technical sales, leading to a decline in prices. However, soybean oil prices rebounded sharply, while soybean meal prices pulled rapeseed along with them. Meanwhile, palm oil continued its decline in Kuala Lumpur amid weak exports and expectations of rising stockpiles. On the Chicago Mercantile Exchange (CBOT), the November 2026 soybean contract fell 5.75 cents to $12.7825 per bushel, with a weekly decline of 40.75 cents. The January contract dropped 6.25 cents to $12.9450 per bushel. On Euronext, rapeseed prices fluctuated: the November contract lost 1.50 euros per tonne to 536.75 euros per tonne, while the February contract regained 3.50 euros per tonne to 555.25 euros per tonne. Seasonal pressure linked to the American harvest remained the main factor behind the decline in soybean prices in Chicago. Weather forecasts indicated a drier window over a large part of the producing regions in the coming days, which could accelerate harvesting work. Technical sales also weighed on the prices. According to the Commodity Futures Trading Commission (CFTC), funds had reduced their net long position by 23,877 contracts during the week ended September 29, to 241,164 contracts, mainly through the liquidation of long positions. The United States Department of Agriculture (USDA) monthly crushing report indicated that American crushers processed 209.6 million bushels of soybeans in August, 5.5% less than in July but 5.9% more than a year ago. Soybean oil stocks decreased by 13.6% over a month to 1.696 billion pounds. This contraction of stocks provided support to the oil: the December contract rebounded by 1.24 cents per pound to 68.62 cents per pound, while the December soybean meal declined by 5.80 dollars to 347.50 dollars per short ton. On the South American market, operators are monitoring the planting pace of crops in Brazil. StoneX estimated the Brazilian soybean harvest for 2026/27 at 183.36 million tonnes, practically unchanged compared to the previously expected 183.5 million tonnes and 0.4% above the previous campaign. Planting is progressing normally in most producing regions, with weather remaining decisive in the coming months, particularly in Mato Grosso, where precipitation remains irregular. The European oilseed market evolved without a clear trend. On Euronext, rapeseed prices moved without a clearly marked direction. Funds made some technical adjustments, and few new fundamental elements animated the market. According to the Ukrainian Ministry of Agriculture, winter rapeseed areas would be down by about 7%, with planting now almost complete. The contraction is less marked than that expected for winter cereals, whose areas could decline by about 17%. The Ukrainian government extended until the end of the year the coefficient of 0.714 used to calculate the minimum prices allowed for the export of several agricultural products, including rapeseed, soybeans, sunflower and their oils. UkrAgroConsult reported that daily agricultural shipments have recently fallen around 48,000 tonnes, compared to about 144,000 tonnes during the first half of the previous month. On the European sunflower market, the free trade agreement between Ukraine and Turkey, which came into effect on October 1, established an annual quota of 50,000 tonnes of Ukrainian sunflower seeds that can be exported to Turkey without paying the Ukrainian 10% export duty. This exemption reduces the cost of shipments and improves the competitiveness of Ukrainian exporters on the Turkish market, encouraging them to use the quota quickly on a first-come, first-served basis. Beyond 50,000 tonnes, exports will remain subject to the 10% Ukrainian duty, while any duties and taxes applied by Turkey on imports remain unchanged. In Winnipeg, rapeseed regained part of the ground lost on Thursday. The November contract gained 3.80 Canadian dollars per tonne to 815.50 Canadian dollars per tonne, after reaching 822.60 Canadian dollars per tonne during the session. The rise in Chicago soybean oil provided direct support to the Canadian market, but the increase was limited by the seasonal pressure of the harvest and by forecasts of warm and dry weather in the Prairies. Canadian flows provided a supporting element, with producers delivering 707,500 tonnes of rapeseed into the commercial circuit during the week ended September 27, 33% more than the previous week. Weekly exports reached 130,700 tonnes, about three times the level of the previous week. Since the start of the campaign, they totaled 921,700 tonnes, compared to 715,600 tonnes at the same date last year. Palm oil records a new twelve-week low. In Kuala Lumpur, palm oil continued its decline, with the December contract losing 21 ringgits to 4,535 Malaysian ringgits per tonne, its lowest closing level in twelve weeks, bringing its weekly decline to 2.98%. The market remains penalized by the weakness of Malaysian exports, improved production, and expectations of a new rise in stocks, which could exceed 3 million tonnes. The Dalian Exchange remained closed for the Chinese National Holiday, so the Chinese market provided no price signals during the session. The low waters of the Rhine continued to hinder river logistics in eastern France. On the French physical market, rapeseed buyers remained cautious due to the low level in the Rhine basin, which disrupted exchanges. The FOB Moselle October-December rapeseed price declined in the same proportions as Euronext to close at 541 euros per tonne. The oleic sunflower price rendered at Saint-Nazaire remained stable at 592.50 euros per tonne, due to no significant activity on the market. The euro remained weak against the dollar despite a rebound on Friday. On the foreign exchange market, the euro regained some ground during the American session on Friday, rising around 1.126 dollars, after falling around 1.122-1.123 dollars earlier. The American employment report, less dynamic than expected, temporarily eased the dollar. However, the dollar remained supported by very high American bond yields and expectations of a still restrictive monetary policy from the Federal Reserve. The yield on the 10-year Treasury evolved around 5.28%. This Monday morning, the euro/dollar pair briefly touched 1.116. A durable strong dollar constitutes a potentially unfavorable factor to the competitiveness of American seeds and products on the global market. On the European side, the weakness of the euro increases the cost of dollar-denominated raw materials and oils and can therefore constitute, all else being equal, a supporting factor for values expressed in euros. The evolution of the monetary market will therefore need to be closely monitored in the coming weeks. Oil lost part of its rise from Thursday. After its rise on Thursday, oil eased on Friday. The December Brent closed almost stable at $102.25 per barrel, -0.06 dollars, while the West Texas Intermediate (WTI) lost 1.76 dollars to $91.11 per barrel. The decline occurred after the agreement of European governments on the mobilization of emergency oil stocks, as part of a broader action aimed at easing tensions on fuels. Geopolitical tensions in the Middle East have nonetheless limited the decline of the Brent.